Question
In MCLR, what does M stand for?
Solution
MCLR - Marginal Cost of Funds Based Lending Rate. It refers to the minimum interest rate below which financial institutions cannot do the lending, except in certain cases.
More Previous Year Paper Questions
Find the wrong number in the given number series.
7, 8, 17, 42, 83, 172- Find the wrong number in the given number series.
8, 16, 32, 70, 128, 256 - Find the wrong number, in the given number series.
320, 160, 80, 50, 20, 10 24, 41, 58, 75, 94, 109
32, 46, 88, 158, 256, 380
Find the wrong term in the given series below.
1024, 130, 34.5, 19.25, 21.5, 44.55
19, 20, 39, 59, 98, 156, 255
6, 22, 76, 314, 1580, 9600
72, 36, 54, 135, 470.5, 2126.25Â
- 2024, 1583, 1193, 822, 498, 209
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