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This question belongs to Abbreviations Banking Abbreviations

Banking Abbreviations

?

What is the full form of "BBR"?

A) Bank Base Rate B) Banking Base Ratio C) Bureau of Regional Banking D) Bankers Broadcast Resource

Answer & Solution

Correct Answer: Option A

BBR stands for Bank Base rate. Base rate is the minimum rate set by the Reserve Bank of India below which banks are not allowed to lend to its customers.

Question posted by Examveda

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