Banking System and Capital Market Questions and Answers for Competitive Exams

Q.

Bank-rate is the rate at which

[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 to it by the commercial banks

Answer & Explanation

Answer: Option [D]

DOWNLOAD CURRENT AFFAIRS PDF FROM APP

Article and Schedule Quiz Start Test!

Read More Economics Solved Questions

Take Mock Tests

Missiles Mock Test Start Test!
SSC MTS Mock Test Start Test
IBPS CLERK MOCK TEST Start Test
SSC MTS 2022 JULY 26 Shift 1 (ENGLISH) Start Test!
SSC GD Previous Year Paper 2021 Nov 17 Shift - I (Hindi) Start Test!
SSC CGL Tier - 1 PYP 2022 April 21 Shift- 1 (ENGLISH) Start Test!
MPSC PAPER I MOCK TEST 1 (ENGLISH) Start Test!
IB Security Assistant Mock test 1 (english) Start Test!
UP POLICE CONSTABLE MOCK TEST 1 Start Test!
DELHI POLICE CONSTABLE MOCK TEST 1 (HINDI) Start Test!