Bank Rate refers to the interest rate at which -

Related MCQs

• A loan bearing either no rate of interest or an interest rate which is below the true cost of capital lent is known as:
• Bank rate is the rate of interest -
• Bank rate is the rate of interest:
• The interest due by applying the rate to the sum of the capital invested plus the interest previously earned and reinvested is referred to as
• Bank rate is that rate on which -
• The account with a bank or other financial institution in which deposits earn interest and withdraws from which require notice is referred to as:
• The bank account on which deposits do not earn interest, but can be with drawn by cheque at any time is called:
• The order written by the drawer to a commercial bank or central bank to pay on demand a particular sum to a bearer is referred to as
• A non-negotiable order of a bank to a foreign bank authorizing payment to a person designated of a particular sum of money is known as:
• Bank money refers to -