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    Banking and Insurance
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    Exam 1: Banking Terms and Concepts: From Demand Deposits to Central Banks and Rtgs
  5. Question
    Rediscounting and Giving Advance the Central Bank Charges Interest at a Rate
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Rediscounting and Giving Advance the Central Bank Charges Interest at a Rate

Question 22

Question 22

Multiple Choice

Rediscounting and giving advance the central bank charges interest at a rate which is known as --------------.


A) CRR
B) SLR
C) Bank rate
D) Credit

Correct Answer:

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