Which is the minimum lending rate decided by RBI which shall be adopted by all Public Sector Banks?
(A) Bank rate
(B) Base rate
(C) Overnight rate
(D) None of the above
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Answer:
Bank Rate
Explanation:
Schrodinger has made a curious chamber for cats. In this chamber, four cats sit at each corner. At one measurement, he could not see properly. The next time he saw that each cat had three other cats opposite it. Schrodinger has no control over the behavior of cats but notices that each cat has another on its tail. How many cats did Schrodinger put in the chamber?
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ANSWER IS :- (B).Base rate
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