what is bank rate?

Answer Posted / jaydeep shete

Bank rate, 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 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Tell me about a time when you failed to meet a deadline. What were the repercussions?

573


What is in-transit inventory and how it is calculated, how do you monitor in-transit inventory levels?

2645


What the normal terms and conditions in a agreement while signing it with a supplier?

1629


Is it compulsory and binding that the H forms are available only for Exports. Is H Form is available for Deemed Export Category. Supplies under a Service Provider Category. Executing a Project under ICB Category.

1889


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






What is the purpose of business communication?

1670


what do u mean by pay to click

1610


Hi, Could any one please help me in deciding the specialization paper to be taken in MBA. As I am from computer background and also this is of my keen interest, so IT is good?? or Operation is good? I shall be much obliged to you for this kind of help. Kindly revert me at ramsharan_kmr@yahoo.com . Regards, Ramsharan

1631


how can base price be standardize and why?

1508


Hi, I have following result of IELTS Speaking 6, Writing 5, Listening 5, Reading 5, Total 5.5 what do you say i will got Student visa for Germany or not?

1963


give some of the most successful job accomplishments since last performance period?

5983


MOP can be processes ? and after processing can it be use for industrial purpose and pharmaceutical purpose ? can it be process for injectable use ?

1562


what are the evolution of public adminstration?

1480


what do you mean by correlation ? explain different types of correlation

4402


Planning is looking ahead and control is looking back command

1203