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The bank rate means :...

The bank rate means :

A

Rate of interest charged by commercial banks from borrowers

B

Rateofinterestatwhich commercialbanks discounted bills of their borrowers

C

Rate of interest allowed by commercial banks on their deposits

D

Rate at which RBI purchases or rediscounts bill of exchange of commercial banks

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The correct Answer is:
D
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The Bank rate is the rate at which :

A raft is pulled to the bank by means of a rope which is wound on a drum,at the rate of 3m/s .Determine the speed of the raft at the moment when it is 25m distance from the bank,if the drum is situated on the bank 4m above water level.

A raft is pulled to the bank by means of a rope which is wound on a drum, at a rate of 3m/min. Determine the speed of the raft at the moment when it is 25m distant from the bank if the drum is situated on the bank 4m above water level.

The Bank Rate is the rate of interest at which the Reserve Bank of India provides loans to the:

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