Join our Telegram Channel

Banking System and Capital Market Questions and Answers for Competitive Exams

Question

Bank rate is that rate on which

A Any bank lends money to an individual
B State Bank of India gives loan to the rural banks
C Central Bank of Country lends money to the commercial banks
D Rural bank gives loan to cooperative societies

Answer & Explanation

Answer: Option [C]

Advertisement

DOWNLOAD CURRENT AFFAIRS PDF FROM APP

Advertisement

Read More Economics Solved Questions

GkSeries apsc prelims 2023 test series

Today's Top Current Affairs

Current Affairs MCQs

State-wise Current Affairs

General Knowledge

Month-wise Current Affairs 2022

Category-wise Current Affairs

Jobs by Qualification

Free Mock Test