MCQOPTIONS
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MCQOPTIONS
| 1. |
What is bank rate? |
| A. | Rate at which a Central Bank lends money to Central Government |
| B. | Rate at which a Central Bank lends money to commercial banks |
| C. | Rate at which a Central Bank lends money to State Government |
| D. | Rate of Interest at which a Central Bank accepts deposits from Commercial Banks |
| Answer» C. Rate at which a Central Bank lends money to State Government | |