BANKING GENERAL KNOWLEDGE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Many a time we read in the newspapers that RBI has changed or revised a particular ratio/rate by a few basis points. What is basis point?
|
|
Ten percent of one-hundredth point
|
|
|
One hundredth of 1%
|
|
|
One hundredth of 10%
|
|
|
Ten per cent of 1000
|
Explanation:
There is 1 question to complete.