मराठी

The rate of which commercial banks borrow from the Central Bank is the: - Economic Applications

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प्रश्न

The rate of which commercial banks borrow from the Central Bank is the:

पर्याय

  • Bank rate

  • Deposit rate

  • Lending rate

  • None of these

MCQ

उत्तर

Bank rate

Explanation:

The bank rate is the rate at which commercial banks borrow from the central bank. It is defined as "the rate at which the central bank is ready to rediscount the first-class securities and bills presented before it by the commercial banks." Central banks employ the bank rate as a monetary policy tool to influence the economy.

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Monetary Policy of the Central Bank
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पाठ 9: Central Banks - QUESTIONS [पृष्ठ २१३]

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गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
पाठ 9 Central Banks
QUESTIONS | Q 20. | पृष्ठ २१३
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