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Byju's Answer
Standard XII
Economics
Credit Creation
Which of the ...
Question
Which of the following is not a banking-related term?
A
Radiation
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B
Outstanding amount
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C
Benchmark Prime Lending Rate
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D
Explicit Guarantee
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Solution
The correct option is
A
Radiation
1. The outstanding amount is the loan amount which has to be paid y the borrower to the bank on a particular date.
2. Benchmark Prime Lending Rate (BPLR) is the rate at which commercial banks charge their customers who are most creditworthy
3. Explicit Guarantee is the bank guarantees given by the government
So the Radiation is the term which is not related to banking items.
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