is the official minimum rate at which the central bank of a country is prepared to rediscount approved bills held by the commercial banks. (a) Repo rate a5180i(b) Bank rate s. (c) Prime lending rate (d) Reverse repo rate
is the official minimum rate at which the central bank of a country is prepared to rediscount approved bills held by the commercial banks. (a) Repo rate a5180i(b) Bank rate s. (c) Prime lending rate (d) Reverse repo rate
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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