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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

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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is the official minimum rate at which the central bank of a country is prepared to rediscount approved bills held by the commercial banks. im(b) Bank rate s. nh(d) Reverse repo rate (a) Repo rate as16 (c) Prime lending rate
Transcribed Image Text:is the official minimum rate at which the central bank of a country is prepared to rediscount approved bills held by the commercial banks. im(b) Bank rate s. nh(d) Reverse repo rate (a) Repo rate as16 (c) Prime lending rate
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