Commerce Exam  >  Commerce Questions  >  Bank rate is fora)Central banks by the centra... Start Learning for Free
Bank rate is for
  • a)
    Central banks by the central bank
  • b)
    Commercial banks by the government
  • c)
    Central bank by the commercial banks
  • d)
    Commercial banks by the central bank
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Bank rate is fora)Central banks by the central bankb)Commercial banks ...
The Reserve Bank of India (RBI) today gave freedom to banks in deciding their base rate. “Banks may choose any benchmark to arrive at the base rate for a specific tenor that may be disclosed transparently,” RBI said, as it released the final guidelines this evening.
View all questions of this test
Most Upvoted Answer
Bank rate is fora)Central banks by the central bankb)Commercial banks ...
D is correct as it is for loans taken by commercial bank from reserve Bank of India
Free Test
Community Answer
Bank rate is fora)Central banks by the central bankb)Commercial banks ...
The Reserve Bank of India (RBI) today gave freedom to banks in deciding their base rate. “Banks may choose any benchmark to arrive at the base rate for a specific tenor that may be disclosed transparently,” RBI said, as it released the final guidelines this evening.
Explore Courses for Commerce exam

Top Courses for Commerce

Question Description
Bank rate is fora)Central banks by the central bankb)Commercial banks by the governmentc)Central bank by the commercial banksd)Commercial banks by the central bankCorrect answer is option 'D'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Bank rate is fora)Central banks by the central bankb)Commercial banks by the governmentc)Central bank by the commercial banksd)Commercial banks by the central bankCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Bank rate is fora)Central banks by the central bankb)Commercial banks by the governmentc)Central bank by the commercial banksd)Commercial banks by the central bankCorrect answer is option 'D'. Can you explain this answer?.
Solutions for Bank rate is fora)Central banks by the central bankb)Commercial banks by the governmentc)Central bank by the commercial banksd)Commercial banks by the central bankCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of Bank rate is fora)Central banks by the central bankb)Commercial banks by the governmentc)Central bank by the commercial banksd)Commercial banks by the central bankCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Bank rate is fora)Central banks by the central bankb)Commercial banks by the governmentc)Central bank by the commercial banksd)Commercial banks by the central bankCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for Bank rate is fora)Central banks by the central bankb)Commercial banks by the governmentc)Central bank by the commercial banksd)Commercial banks by the central bankCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of Bank rate is fora)Central banks by the central bankb)Commercial banks by the governmentc)Central bank by the commercial banksd)Commercial banks by the central bankCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Bank rate is fora)Central banks by the central bankb)Commercial banks by the governmentc)Central bank by the commercial banksd)Commercial banks by the central bankCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice Commerce tests.
Explore Courses for Commerce exam

Top Courses for Commerce

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev