Economics · Monetary Policy
Bank Rate is the rate at which ________.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1the RBI gives long-term loans to commercial banks✓
- 2commercial banks lend money to the RBI
- 3the RBI borrows money from the central government
- 4commercial banks lend money to the public
Correct answer
the RBI gives long-term loans to commercial banks
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