What is bank rate?
A) Rate at which a Central Bank lends money to Central Government
B) Rate at which a Central Bank lends money to commercial banks
C) Rate at which a Central Bank lends money to State Government
D) Rate of Interest at which a Central Bank accepts deposits from Commercial Banks
Correct Answer:
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Q15: _are the banks whose main objectives is
Q16: The RBI commenced its operation from 1st
Q17: Which bank has given the instructions to
Q18: Payment of cheque can be stopped by
A)Beneficiary
B)Nominee
C)Drawer
Q19: Bank draft is issued by
A)Private Sector Bs
B)Regional
Q20: A Central Bank is the sole authority
Q21: The head of the Reserve Bank of
Q22: One of the main aim of a
Q24: Commercial Bank as the name suggest is
Q25: Commercial Banks make money available to public
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