Business Studies, asked by Akbarhussain2947, 10 months ago

1. What is bank rate? What are the effects of changes in bank rate?

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Answered by tannu818

Answer:

Bank rate, also known as discount rate in American English, is the rate of interest which a central bank charges on its loans and advances to a commercial bank

Answered by deepak2935

Explanation:

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1. What is bank rate? What are the effects of changes in bank rate?​

Answers

1. What is bank rate? What are the effects of changes in bank rate?