The bank rate is – McqOptions

MCQOPTIONS

1.	The bank rate is
A.	free to fluctuate according to the forces of demand and supply
B.	set by the RBI
C.	set by the RBI is directed by the Union Ministry of Finance
D.	set by the RBI as advised by the Indian Banks Association
E.	set by the Government of India on the recommendation of. the Planning Commission
Answer» C. set by the RBI is directed by the Union Ministry of Finance

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