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Bank rate means:-a)Interest rate charged by moneylendersb)Interest rate charged by Scheduled Banksc)Rate of profit of banking institutiond)Official rate of interest charged by Central Banke)None of the aboveCorrect answer is option 'D'. Can you explain this answer? for UPSC 2026 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Bank rate means:-a)Interest rate charged by moneylendersb)Interest rate charged by Scheduled Banksc)Rate of profit of banking institutiond)Official rate of interest charged by Central Banke)None of the aboveCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2026 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Bank rate means:-a)Interest rate charged by moneylendersb)Interest rate charged by Scheduled Banksc)Rate of profit of banking institutiond)Official rate of interest charged by Central Banke)None of the aboveCorrect answer is option 'D'. Can you explain this answer?.

Solutions for Bank rate means:-a)Interest rate charged by moneylendersb)Interest rate charged by Scheduled Banksc)Rate of profit of banking institutiond)Official rate of interest charged by Central Banke)None of the aboveCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

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