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Banking General Awareness Reserve Bank of India Question Bank Practice Questions - Reserve Bank of India - Structure and Functions

  • question_answer
    Bank rate as fixed by RBI, means

    A)  rate of interest charged by banks from borrowers

    B)  rate of interest on bank deposits

    C)  rate of interest charged by RBI on its loans to banks

    D)  rate of interest on inter-bank loans

    E)  None of these

    Correct Answer: C

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