what is bank rate?

Answer Posted / gopal ch. saha.

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 ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

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

1574


how do you calculate safety stock for consumption based planning?

3901


differencre between gemba and off the job training

1556


if my bill amount is 11000+220(excise) = 11220 total. so my vat no is registered in lumpsum condition so on which amount i need to pay tax 0.60%??

1155


How Government calculate Inflation Rate

1590






why are U looking for this vacancy

1707


I am a first year MBA student (Ist semester)VTU.wher can i find the previous year question papers ?

2885


what is crocodile marketing?

1845


. What are different types of contracts ( Blanket and Fixed) in procurement, which type of contract should be used in what conditions.

3908


What is sales and operational planning(S&OP)process and what are the advantages of S&OP process?

2831


What is the accurate answer for this question " a contract is an agreement but agreement cannot be an contract?'

1440


How your potential can be better utilised by the Company?

2709


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?

1635


Management Accounting is nothing else but financial & Coast Accounting tailored to the requerments of management Defend of critical the statement give reasons

1722


wht kind of r mostly asked in bank po interview and tell me and how the merit list is prepared in such a exam

2029