Banking Marketing Aptitude Banking System Question Bank Banking

  • question_answer
    Bank rate is the rate at which?                                                                            [SSC Tax Assistant 2005]

    A)  A commercial bank borrows loans from some other commercial bank

    B)        The central bank borrows loans from the government

    C)        The commercial bank gives loans to the public

    D)        The central bank re-discounts the commercial bills brought

    Correct Answer: D


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