Which of the following purposes RBI has constituted a working group with Shri Deepak Mohanty as Chairman ?
Correct Answer :- d
Explanation : Base Rate replaced the benchmark prime lending rate (BPLR) ,the interest rate which commercial banks charged their most credit worthy customer. Following the announcement in the Annual Policy Statement for the year 2009-10, a working group was constituted under the chairmanship of Shri Deepak Mohanty to review the benchmark prime lending rate. It was observed that the benchmark prime lending rate, which was introduced in 2003, had failed in its objective. The banks were lending below BPLR rates due to competitive pressures. For the same reason, it was also difficult to assess the transmission of policy rates of the Reserve Bank to lending rates of banks.
Mahalanobis plan model was adopted from which growth model ?
Which among the following is NOT a cause of sickness on industrial units in India ?