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On the recommendations of Y.M. Deosthalee committee, the Reserve Bank of India will set up a PCR, which will be an extensive database of credit information for India that will be accessible to all stakeholders. In ‘PCR’ what does ‘R’ stands for?
  • a)
    Ratio
  • b)
    Registry
  • c)
    Rating
  • d)
    Reserve
  • e)
    Review
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
On the recommendations of Y.M. Deosthalee committee, the Reserve Bank...
In ‘PCR’ R stands for – Registry.
PCR is an acronym for – Public Credit Registry
On the recommendations of Y.M. Deosthalee committee, the Reserve Bank of India will set up a PCR, which will be an extensive database of credit information for India that will be accessible to all stakeholders.
A credit repository will help banks distinguish between a bad and a good borrower and accordingly offer attractive interest rates to good borrowers and higher interest rates to bad borrowers.
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On the recommendations of Y.M. Deosthalee committee, the Reserve Bank of India will set up a PCR, which will be an extensive database of credit information for India that will be accessible to all stakeholders. In ‘PCR’ what does ‘R’ stands for?a)Ratiob)Registryc)Ratingd)Reservee)ReviewCorrect answer is option 'B'. Can you explain this answer?
Question Description
On the recommendations of Y.M. Deosthalee committee, the Reserve Bank of India will set up a PCR, which will be an extensive database of credit information for India that will be accessible to all stakeholders. In ‘PCR’ what does ‘R’ stands for?a)Ratiob)Registryc)Ratingd)Reservee)ReviewCorrect answer is option 'B'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about On the recommendations of Y.M. Deosthalee committee, the Reserve Bank of India will set up a PCR, which will be an extensive database of credit information for India that will be accessible to all stakeholders. In ‘PCR’ what does ‘R’ stands for?a)Ratiob)Registryc)Ratingd)Reservee)ReviewCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for On the recommendations of Y.M. Deosthalee committee, the Reserve Bank of India will set up a PCR, which will be an extensive database of credit information for India that will be accessible to all stakeholders. In ‘PCR’ what does ‘R’ stands for?a)Ratiob)Registryc)Ratingd)Reservee)ReviewCorrect answer is option 'B'. Can you explain this answer?.
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