Q 2338456302.     Bank rate means _____?

IBPS-PO 2017 1601
A

Rate of interest charged by commercial Banks from borrowers

B

Rate of interest at which commercial banks discounted bills of their borrowers

C

Rate of interest allowed by commercial Banks from on their depositors

D

Rate at which RBI purchases or re-discounts Bills of Exchange of commercial Banks

E

None of the above

Find instant solution to any question from our database of 1.5 Lakh + Questions

 


Access free resources including


Engineering


Medical


Banking


DEFENCE


SSC


RRB


CBSE-NCERT


OLYMPIAD


0
Success Rate: NAN %
Sr. No.SubjectTagCorrectRecorded Answer