MCLR stands for Marginal Cost of Funds based Lending Rate. It was introduced by the Reserve Bank of India (RBI) in 2016 to bring more transparency to the lending rates of banks. Under the MCLR system, banks set their lending rates based on their marginal cost of funds, ensuring that lending rates are closely linked to the cost of acquiring funds, which ultimately impacts borrowers.
Consider the following statements:
I. For the purpose of effective utilization of Remote Sensing and Geographic Information System technology (GI...
Recently who was appointed as new executive director of World Bank headquarters?
Shaoli Mitra,74 years old an Indian actress passed away on 16 January, 2022 she hails from which state of India?
Fragrance & Flavour Development Centre has been set-up in the year 1991 by Ministry of ____________.
Which mechanism has SEBI proposed for secondary market trading that is similar to the ASBA facility?
Who received the Young Changemaker Award at the businessline Changemaker of the Year event?
The world's first floating city, which will be built off the coast of _______, is likely to be completed as early as 2025.
How many deeptech startups are there in India?
According to the latest Economic Outlook Survey released by Federation of Indian Chambers of Commerce and Industry (FICCI),What is the estimate of the e...
According to a study, every rupee invested in agricultural research in India yields a return of nearly ₹____.
