Economics · Banking and Monetary Policy
'Bank rate' is the rate at which commercial banks:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Lend money to the Reserve Bank of India
- 2Borrow money from customers
- 3Lend money to customers
- 4Borrow money from the Reserve Bank of India✓
Correct answer
Borrow money from the Reserve Bank of India
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