Q.

What is bank rate?

A. Rate at which a Central Bank lends money to Central Government
B. Rate at which a Central Bank lends money to commercial banks
C. Rate at which a Central Bank lends money to State Government
D. Rate of Interest at which a Central Bank accepts deposits from Commercial Banks
Answer» B. Rate at which a Central Bank lends money to commercial banks
3.7k
0
Do you find this helpful?
40

View all MCQs in

Banking and Insurance

Discussion

No comments yet