rate of interest charged by commercial banks from borrowers

rate of interest at which commercial banks discounted bills of their borrowers

rate of interest allowed by commercial banks on their deposits

rate at which RBI purchases or rediscounts bills of exchange of commercial banks

The bank rate means – McqOptions

1.	The bank rate means
A.	rate of interest charged by commercial banks from borrowers
B.	rate of interest at which commercial banks discounted bills of their borrowers
C.	rate of interest allowed by commercial banks on their deposits
D.	rate at which RBI purchases or rediscounts bills of exchange of commercial banks
E.	None of the above
Answer» E. None of the above

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The bank rate means

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