Join Examsbook
583 0

Q:

____________ is the official minimum rate at which the Central Bank of a country re-discounts the approved bills, held by commercial banks.

  • 1
    Prime Lending Rate
  • 2
    Reverse Repo Rate
  • 3
    Repo Rate
  • 4
    Bank rate
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "Bank rate"

Are you sure

  Report Error

Please Enter Message
Error Reported Successfully