Ques 1: The minimum interest rate of a Bank below which it cannot lend ?
Ans : The Base Rate
Ques 2: Do RBI fixes Base Rate ?
Ans : No
Ques 3: Who fixes the Base Rate ?
Ans : Individual bank itself fixes its own base rate.
Ques 4: Full form of BPLR ?
Ans : Benchmark Prime Lending Rate
Ques 5: Full form of MSE ?
Ans : Micro and Small Enterprises
Ques 6: Full form of MSME ?
Ans : Micro Small and Medium Enterprises
Ques 7: Full form of BCSBI ?
Ans : Banking Codes and Standards Board of India
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