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  • July - 2014 G.K - 2
  • At what interest rate does the Reserve Bank of India prov...
Multiple choice

At what interest rate does the Reserve Bank of India provide loans to State Cooperative Banks for banking activities?

  1. Bank rate

  2. Bank rate – 1%

  3. Bank rate – 0.5%

  4. Bank rate – 0.25%

  5. None of these

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Option (1) is correct.

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