Question 72 – ISRO-2018
December 26, 2023Question 2858 – 2013 June UGC NET Paper 1
December 27, 2023Question 2130 – JT(IT) 2016 PART-A General Aptitude
Which statement about bank rate in India is correct?
Correct Answer: B
RBI gives loan to commercial banks at this rate against collateral
The Reserve Bank of India (RBI) determines bank rate in India
The ministry of finance determines bank rate
This is the rate at which commercial banks lend to their customers
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