Q. Which of the following rate is charged by banks to their most credit worthy customers?
A) Statutory Liquidity Rate
B) Prime Lending Rate
C) Repo Rate
D) Bank Rate
✔ Correct Answer: Prime Lending Rate
Exam Insight
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A) Statutory Liquidity Rate
B) Prime Lending Rate
C) Repo Rate
D) Bank Rate
✔ Correct Answer: Prime Lending Rate
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