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Bank rate is for a) Commercial banks by the government b) Commercial banks by the central bank c) Central banks by the central banks d) Central Bank by the commercial banks

Question

Bank rate is for

a) Commercial banks by the government

b) Commercial banks by the central bank

c) Central banks by the central banks

d) Central Bank by the commercial banks

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Solution

The bank rate is for:

b) Commercial banks by the central bank

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