☰

GkSeries.com

Home/
General Knowledge/
the-minimum-rate-below-which-the-banks-do-not-lend-is-known-as

Q.

Generally, the minimum rate below which the banks do not lend is known as

[A] Base rate

[B] Repo rate

[C] Floor rate

[D] Highest rate

[E] None of the above

Answer & Explanation
Answer: Option [A]

⭐ Make GKSeries Your Preferred Source on Google

Add GKSeries as Preferred Source