Banks charges different rate of interest on different types of loans and advances and also charges differently to different economic class of people. This is called
A. Ceiling on credit.
B. Discriminatory Interest Rate
C. Margin Requirement
D. Sterilization of RBI accounts
Answer:B
Banks charges different rate of interest on different types of loans and advances and also charges differently to different economic class of people. This is called
A. Ceiling on credit. B. Discriminatory Interest Rate C. Margin Requirement D. Sterilization of RBI accounts