Which Among the Following Is Correct Regarding BPLR or Bench

question 7

Multiple Choice

Which among the following is correct regarding BPLR or bench mark prime lending rate?

• A)It is lowest interest rate below PLR charged by a bank from the best customer of the financial year
• B)It is highest interest rate above PLR charged by a bank from the any customer of the financial year
• C)Both (a) & (b)
• D)None of the above

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Definitions:

Associative Learning

A learning process by which an association is formed between two stimuli or a behavior and a stimulus.

Classical Conditioning

A teaching mechanism where a response initially caused by a secondary stimulus becomes triggered by the primary stimulus after repeated pairings of the two stimuli.

Behavior Manipulation

Techniques used to influence or control individuals' behavior for specific purposes, which can range from marketing strategies to psychological therapies.

Coordinated Repetition

A strategy involving the consistent and coordinated repetition of marketing messages across different media and platforms.