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» Modern Banking and Insurance solved MCQs

The rate at which Central Bank grant loans to the commercial banks againstthe security is :

Question:

The rate at which Central Bank grant loans to the commercial banks againstthe security is :

A.

repo rate

B.

reverse repo

C.

bank rate

D.

discounting bills.

Answer» c. bank rate

Note: The above multiple-choice question is for all general and Competitive Exams in India

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» Modern Banking and Insurance solved MCQs