____ is the official minimum rate at which the Central Bank of a country is prepared to rediscount approved bills held by the commercial banks.

Related MCQs

• The Rate At Which Central Bank Lends To Commercial Banks Is Known As:
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• Which among the following is a function of the Reserve Bank of India?
• Which of the following is also known as International Bank for Reconstruction and Development?
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• Financial activities done by bank is called _____.
• By __ growth rate of an economy can be speeded up.
• In which of the following market structure is the degree of control over the price of its product by a firm very large?
• Which among the following is a cause of inflation?