Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 898)

2021-07-22 Economy

898.

In RBI's recent report on "Monetary Transmission in India", the share of outstanding loans related to external benchmark lending rates increased to what amount in March 2021?

4.5%

43.5%

28.5%

21%

Answer: Option

Explanation:

In RBI's recent report on "Monetary Transmission in India", the share of outstanding loans related to external benchmark lending rates (EBLR-similar to repo rate) increased from as low as 2.4% in September 2019 to 28.5% in March 2021.