1) Identify the incorrect statementsA) Under the Lead BankScheme, head

1.	1) Identify the incorrect statementsA) Under the Lead BankScheme, head districts areheaded by state Bank by Indian groupits Nationalized banks and 3 privatebanks.B) The interest rate on kisan creditscheme is higher than the GOP loansand security/margin norms.C) The present system of the noteissue is known as MinimumReserve SystemD) The extrinsic value (face value) ofthe nickel win is greater than itsintrinsic (actual) value
Answer» ANSWER: statement B is correct Answer of this question. Explanation: B) The interest rate on kisan credit scheme is higher than the GOP loans and security/margin norms is false Interest rate can be defined as profit that an investor takes when he/she provides money to someone . in other WORDS when some one takes a LOAN from some one then the rate at which he has to pay BACK more money then original amount is defined as interest rate.

1) Identify the incorrect statementsA) Under the Lead BankScheme, head districts areheaded by state Bank by Indian groupits Nationalized banks and 3 privatebanks.B) The interest rate on kisan creditscheme is higher than the GOP loansand security/margin norms.C) The present system of the noteissue is known as MinimumReserve SystemD) The extrinsic value (face value) ofthe nickel win is greater than itsintrinsic (actual) value

Answer»

statement B is correct Answer of this question.

Explanation:

B) The interest rate on kisan credit scheme is higher than the GOP loans and security/margin norms is false

Interest rate can be defined as profit that an investor takes when he/she provides money to someone .

in other WORDS when some one takes a LOAN from some one then the rate at which he has to pay BACK more money then original amount is defined as interest rate.

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