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  • The current (2010) Bank Rate is
Multiple choice

The current (2010) Bank Rate is

  1. 6%

  2. 8%

  3. 9%

  4. 9·5%

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A Correct answer
Explanation

This is a factual question about the specific Bank Rate prevailing in 2010. The Bank Rate is the rate at which the Central Bank lends to commercial banks, serving as a benchmark for other interest rates in the economy.

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