With effect from July 1, 2012, for calculation of lending rates, the Reserve Bank of India has advised banks to switch over to the [IBPS PO 2013]

With effect from July 1, 2012, for calculation of lending rates, the R

1.	With effect from July 1, 2012, for calculation of lending rates, the Reserve Bank of India has advised banks to switch over to the [IBPS PO 2013]
A.	MSF Rate System
B.	Reverse Repo Rate System
C.	Bank Rate System
D.	Repo Rate System
E.	Base Rate System
Answer» B. Reverse Repo Rate System

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With effect from July 1, 2012, for calculation of lending rates, the Reserve Bank of India has advised banks to switch over to the [IBPS PO 2013]

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