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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 |
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