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Standard advances to commercial real estate are provided at:
A7.00 per cent
B1.00 per cent
C3.00 per cent
D5.00 per cent
Answer & Solution
Correct answer: B. 1.00 per cent
1. Commercial real estate is treated as the riskiest standard class.
2. It carries the highest ordinary standard rate.
3. That rate is 1.00 per cent.
_Source: RBI Master Circular, Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances_
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