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Question :

Which term is not related to banking?

Option 1:

CRR

Option 2:

NEER

Option 3: SLR

Option 4: Fixed deposits


Team Careers360 2nd Jan, 2024
Answer (1)
Team Careers360 14th Jan, 2024

Correct Answer:

NEER


Solution : The correct answer is NEER .

NEER, which stands for Nominal Effective Exchange Rate (NEER). It represents the estimated relative cost that a consumer will pay for imported goods. NEER is calculated using a weighted average of several different foreign currencies, making it a measure of a currency's value.

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