Management Notes

Reference Notes for Management

Which among the following is called the rate of interest charged by RBI for lending money to various commercial banks by rediscounting of the bills in India?

Which among the following is called the rate of interest charged by RBI for lending money to various commercial banks by rediscounting of the bills in India?

Which among the following is called the rate of interest charged by RBI for lending money to various commercial banks by rediscounting of the bills in India?

    1. Bank rate
    2. Discount window
    3. Monetary Policy
    4. Overnight rate

 Correct Answer: Bank rate

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