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Q:

Bank rate is the rate at which—

  • 1
    A bank lends to the public.
  • 2
    RBI lends to the public.
  • 3
    RBI lends to commercial banks.
  • 4
    Government of India lends to other countries.
  • Show Answer
  • Workspace

Answer : 3. "RBI lends to commercial banks."

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