What is 'Bank rate'?
A. The rate at which commercial banks borrow money from RBI
B. The rate at which commercial banks lend money to customers
C. The rate at which commercial banks lend money to RBI
D. none of the above
Answer:A
What is 'Bank rate'?
A. The rate at which commercial banks borrow money from RBI B. The rate at which commercial banks lend money to customers C. The rate at which commercial banks lend money to RBI D. none of the above