MCQOPTIONS
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| 1. |
Bank rate implies the rate of interest- |
| A. | Charges by banks on loans and advances |
| B. | Paid by the RBI on the deposits if commercial banks |
| C. | Payable on bonds |
| D. | At which the RBI discounts the Bill of Exchange |
| E. | None of these |
| Answer» E. None of these | |