Bank rate is the rate at which:

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Economics · Banking and Finance

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Correct answer

Central bank lends loan to commercial banks

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Answer 1

Central Bank borrows loan from Government

Answer 2

Commercial banks lend loan to Central bank

Answer 3

Commercial banks lend loan to Government

Answer 4

Central bank lends loan to commercial banks

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