. Bank rate means ________ – McqOptions

MCQOPTIONS

1.	. Bank rate means ________
A.	The rate at which central bank discounts the bills of commercial banks
B.	Portion of total deposit that a commercial bank has to keep with central bank
C.	Rate of savings deposits
D.	None of the above
Answer» B. Portion of total deposit that a commercial bank has to keep with central bank

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