Many a time we read in newspapers that some big banks have revised their lending rates to make them dearer or cheaper. Though the decision to raise the lending rates is always in the hands of the banks, normally they announce this decision of theirsbegin{enumerate}item immediately after the Union Budget is presented in the Lok Sabha every year.item when the RBI makes changes in its policy rates.item when the Monetary and Credit Policy of the RBI is reviewed periodically.end{enumerate}

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Many a time we read in newspapers that some big banks have revised their lending rates to make them dearer or cheaper. Though the decision to raise the lending rates is always in the hands of the banks, normally they announce this decision of theirs

A	Only 1
B	Only 2
C	Only 3
D	Only 2 & (3)

Explanation:

There is 1 question to complete.