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Indian Economy MCQ
1. Which among the following is INCORRECT regarding the Prime Lending Rate (PLR) in India?
(A): (A) It is the lowest rate of Interest that a bank charges from its best customers.
(B): (B) RBI is the sole authority to announce PLR for public sector banks in India
(C): (C) Normally loans are higher than the PLR
(D): (D) None of the above
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