The bank rate means [BOB 2008]

1.	The bank rate means [BOB 2008]
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 these
Answer» E. None of these

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The bank rate means [BOB 2008]

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