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What are teaser loan rates charged by banks ?
(a)
Fixed rate of interest charged by banks
(b)
Floating rate of interest charged by banks
(c)
Rate of interest in the initial period is less and goes up subsequently
(d)
Rate of interest in the initial period is more and it goes down subsequently
(e)
None of these

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Important Questions on Banking Awareness
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Which panel is constituted to examine the 'desirability and feasibility' of the new financial year?

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Which of the following is not classified as a commercial bank?

