Bank Rate is the rate – McqOptions

MCQOPTIONS

1.	Bank Rate is the rate
A.	At which banks lend money to the depositors
B.	At which Reserve Bank of India lends money to commercial Banks
C.	The rate at which banks lend to the Industrial Financial Institutions
D.	None of the above
Answer» C. The rate at which banks lend to the Industrial Financial Institutions

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