what is bank rate?

Answer Posted / vijayabharathy.m

this is also referred to as the discount rate, is the rate
of interest which a central bank charges on the loans and
advances that it extends to commercial banks and other
financial intermediaries. Changes in the bank rate are
often used by central banks to control the money supply.

Is This Answer Correct ?    3 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

treasury bills market in india?

1558


Suppose the price elasticity of demand for the textbooks is two and the price of the textbook is increased by 10% By how much does the quantity demand fall? Enter the results and discuss reason for the fall in quantity demand.

1904


Hi i am attended catholic Syrian bank preliminary interview for MBA Specialist office post..if anybody selected pls tel me ur final round interview experience

1953


Why the Family Owned Companys' Does not Understand & not giving IMPORTANCE for Human Resource Department in their Business ?

1546


Tell me about a time when you had too many things to do and you were required to prioritize your tasks

1935






if you are manager of tisco jamshedpur, how will you motivate the employees to achieve more production

1779


I am from Australia and I would to buy some clothes on Amazon.com and other American websites, but they do not ship to Australia, what can I do?

1617


describe a time when you are responsible for organizing different types of personal to get work done and some of them weren't very enthusiastic. What did you do?

3287


Explain sales order to billing cycle?

2730


I am going for Masters MBA from USA in 2010 and I have complete my B.com in 2003 what questions they will ask me on this.

1752


what is the difference between monopolic competition and under perfect competition?

1782


in mba personal interview, if someone ask me that you choose hr as your career why not marketing or finance?

2236


Why All time currency price is fall down?

1780


why are you interested in Management?

4252


why to pursue management education ?

3681