Marginal cost of funds based lending rate defines the process used to determine the minimum home loan rate of interest. It was introduced in the Indian financial system by the Reserve Bank of India on April 1, 2016. It replaced the base rate system that was introduced in the year 2010.
What unique feature does the "Coordinated Lunar Time" (LTC) proposed by the European Space Agency include?
What is the current upper tolerance limit for inflation set by the RBI?
Which device supports multiple transaction methods including PoS, QR code, and tap - and - pay?
Which Indian institution secured the 40th position in the QS Asia University Rankings 2024?
What is the main objective of the newly launched accelerator program "RISE" by AIM, NITI Aayog, in collaboration with CSIRO, Australia's national scienc...
Who was the "Second Muslim" to serve as the "President of Indian National Congress" following Badruddin Taiyyabji?
Which state led the assessments in Phase 1 of the Khelo India Rising Talent Identification (KIRTI) program?
Who won the Best Actor in a Leading Role (Male) award at the 68th Hyundai Filmfare Awards?
Year of Enterprises’ Project is a flagship scheme of which Indian state?
By how much did India's trade deficit increase in Q1 FY25 compared to Q1 FY24?