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Merchant Discount Rate is a charge or fee imposed on merchants by a bank for accepting payment from their customers in credit and debit cards every time a card is used for payment. According to recent RBI notification, from January 1 2018, small merchants (turnover upto Rs.20 lakh) will pay a maximum MDR of 0.40% of bill value and larger merchants (turnover greater than Rs.20 lakh) will pay 0.90%.
Ram is very calculative and always has an axe to grind.
Select the correct meaning of the given idiom.
Feel one’s collar
an idea that is based on feeling and for which there is no proof
To take to one's heels
Widely known and esteemed
In each of the following questions, an idiomatic expression/a proverb has been underlined – followed by four alternatives. Choose the one which best ...
Hear it on the grapevine
In each of the following questions, an idiomatic expression/a proverb has been underlined – followed by four alternatives. Choose the one which best ...
A bitter pill
a repeated passage in music