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Question
______ is the rate of interest charged by the central bank on loans given to the commercial bank.
Options
Bank Rate
Cash Reserve Ratio
Statutory Liquidity Ratio
Reverse Repo Rate
MCQ
Fill in the Blanks
Solution
Bank Rate is the rate of interest charged by the central bank on loans given to the commercial bank.
shaalaa.com
Money Creation Or Credit Creation by the Commercial Banking System
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