Economy, asked by akshaykumarpujar, 20 days ago

The bank rate means—

(A) Rate of interest charged by commercial banks from borrowers
(B) Rate of interest at which commercial banks discounted bills of their borrowers
(C) Rate of interest allowed by commercial banks on their deposits
(D) Rate at which RBI purchases or rediscounts bills of exchange of commercial banks
(E) None of these

Answers

Answered by manisha30nov

0

Answer:

c) rate of interest allowed by commercial banks on their deposit

(please mark me brainliest)

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