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Question
The RBI fixed average base rate at what percent for NBFCs and MFIs?
Options:
A .  8.05%
B .  8.00%
C .  7.81%
D .  7.50%
Answer: Option C

According to the Reserve Bank, the average base rate that's charged by NBFC-MFIs from borrowers for the next quarter will be 7.81 per cent.


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