MCQOPTIONS
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MCQOPTIONS
| 1. |
What is a bank rate ? |
| A. | Rate at which Central bank of a country advances loans to other banks in the country |
| B. | Rate at which banks advance loans to the customers |
| C. | Rate at which banks lend among themselves |
| D. | Rate at which banks lend to money lenders |
| Answer» B. Rate at which banks advance loans to the customers | |