12th Class Economics Money And Banking Question Bank MCQs - Banking

  • question_answer
    Repo rate is the rate at which:

    A) commercial banks purchase government securities from Central Bank

    B) commercial banks can take loans from the Central Bank

    C) commercial banks can keep their deposits with Central Bank

    D) short-term loans are given by commercial banks

    Correct Answer: B

    Solution :

    [b] commercial banks can take loans from the Central Bank


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