CameraIcon

SearchIcon

MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Redemption of Debentures

What is the r...

Question

What is the rate of interest at which the Reserve Bank of India lends money to commercial banks for long period?

Open in App

Solution

Bank Rate is the rate of interest at which the Reserve Bank of India lends money to commercial banks for long-term loans.

Suggest Corrections

thumbs-up

0

Similar questions

Q. The rate at which the Reserve Bank of India lends, money to commercial banks for long period is called ________________.

Q. What is the rate of interest at which the Reserve Bank of India borrows money from commercial banks called?

Q. Which of the following refers to the rate of interest at which the commercial banks borrow money from the Reserve Bank of India?

Q23) The interest rate at which RBI lends to commercial banks for long term is called

Q. The rate of interest at which banks borrow money for short periods from the Reserve Bank of India is called _____________.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Accounting Treatment-II

ACCOUNTANCY

Watch in App

explore_more_icon

Explore more

Redemption of Debentures

Standard XII Accountancy

Join BYJU'S Learning Program

CrossIcon