Updated for 2026 Syllabus Detailed Explanations High-Yield Core Concepts

Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: | KYC, NPAs, Advances & Investment Valuations

Q220: The "Benchmark Prime Lending Rate (BPLR)" is defined as the internal benchmark rate used to determine interest rates on advances/loans sanctioned up to which date?

A
April 1, 2016
B
July 1, 2010
C
June 30, 2010
D
September 1, 2013
✅ Correct Answer: C
"Benchmark Prime Lending Rate (BPLR)" means the internal benchmark rate used to determine the interest rates on advances/loans sanctioned upto June 30, 2010.