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Bank Rate is an RBI tool for short-term measures, which affects commercial banking.(a) An increase in Bank Rate leads to increase in deposit rates as well as Prime Lending Rate (PLR) on the part of commercial banking.(b) It reduces EMI.Which of the above statements is/are incorrect?a)(a) onlyb)(b) onlyc)Both (a) and (b)d)Neither (a) nor (b)e)None of theseCorrect answer is option 'B'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Bank Rate is an RBI tool for short-term measures, which affects commercial banking.(a) An increase in Bank Rate leads to increase in deposit rates as well as Prime Lending Rate (PLR) on the part of commercial banking.(b) It reduces EMI.Which of the above statements is/are incorrect?a)(a) onlyb)(b) onlyc)Both (a) and (b)d)Neither (a) nor (b)e)None of theseCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Bank Rate is an RBI tool for short-term measures, which affects commercial banking.(a) An increase in Bank Rate leads to increase in deposit rates as well as Prime Lending Rate (PLR) on the part of commercial banking.(b) It reduces EMI.Which of the above statements is/are incorrect?a)(a) onlyb)(b) onlyc)Both (a) and (b)d)Neither (a) nor (b)e)None of theseCorrect answer is option 'B'. Can you explain this answer?.

Solutions for Bank Rate is an RBI tool for short-term measures, which affects commercial banking.(a) An increase in Bank Rate leads to increase in deposit rates as well as Prime Lending Rate (PLR) on the part of commercial banking.(b) It reduces EMI.Which of the above statements is/are incorrect?a)(a) onlyb)(b) onlyc)Both (a) and (b)d)Neither (a) nor (b)e)None of theseCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.

Here you can find the meaning of Bank Rate is an RBI tool for short-term measures, which affects commercial banking.(a) An increase in Bank Rate leads to increase in deposit rates as well as Prime Lending Rate (PLR) on the part of commercial banking.(b) It reduces EMI.Which of the above statements is/are incorrect?a)(a) onlyb)(b) onlyc)Both (a) and (b)d)Neither (a) nor (b)e)None of theseCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Bank Rate is an RBI tool for short-term measures, which affects commercial banking.(a) An increase in Bank Rate leads to increase in deposit rates as well as Prime Lending Rate (PLR) on the part of commercial banking.(b) It reduces EMI.Which of the above statements is/are incorrect?a)(a) onlyb)(b) onlyc)Both (a) and (b)d)Neither (a) nor (b)e)None of theseCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Bank Rate is an RBI tool for short-term measures, which affects commercial banking.(a) An increase in Bank Rate leads to increase in deposit rates as well as Prime Lending Rate (PLR) on the part of commercial banking.(b) It reduces EMI.Which of the above statements is/are incorrect?a)(a) onlyb)(b) onlyc)Both (a) and (b)d)Neither (a) nor (b)e)None of theseCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Bank Rate is an RBI tool for short-term measures, which affects commercial banking.(a) An increase in Bank Rate leads to increase in deposit rates as well as Prime Lending Rate (PLR) on the part of commercial banking.(b) It reduces EMI.Which of the above statements is/are incorrect?a)(a) onlyb)(b) onlyc)Both (a) and (b)d)Neither (a) nor (b)e)None of theseCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Bank Rate is an RBI tool for short-term measures, which affects commercial banking.(a) An increase in Bank Rate leads to increase in deposit rates as well as Prime Lending Rate (PLR) on the part of commercial banking.(b) It reduces EMI.Which of the above statements is/are incorrect?a)(a) onlyb)(b) onlyc)Both (a) and (b)d)Neither (a) nor (b)e)None of theseCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice Banking Exams tests.