Economics · Monetary Policy
What does 'Bank Rate' refer to in the context of the Indian banking system?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Interest rate charged by RBI on loans to commercial banks✓
- 2Rate charged on inter-bank borrowings
- 3Interest rate charged by banks to borrowers
- 4Interest rate paid by banks to depositors
Correct answer
Interest rate charged by RBI on loans to commercial banks
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Monetary Policy MCQs →Want more practice questions on Monetary Policy?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Monetary Policy