MCQOPTIONS
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| 1. |
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 |
| Answer» E. | |