Banking - RBI Questions with solutions MCQs

1. Bank rate is the rate at which the RBI extends credit to the

A

Government of India

B

Foreign countries

C

Commercial Banks

D

State Governments

Banking - RBI Account Ast. 2024
Correct Answer : C
Explanation :

Bank rate is the rate at which the RBI lends long-term funds to commercial banks.

Correct Answered :

Wrong Answered :

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