Economics · Monetary Policy
Bank Rate is the rate at which the:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Government of India lends money to other countries
- 2Reserve Bank of India lends money to commercial banks✓
- 3Reserve Bank of India lends money to the general public
- 4Commercial banks lend money to the general public
Correct answer
Reserve Bank of India lends money to commercial banks
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