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husnain

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From: Chichawatni,Pakistan

Registered: 2014-10-03

Posts: 8,129

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Bills Of Exchange:

Question:
Rate at which RBI extends credit to the commercial bank or the rate at which RBI rediscounts eligible bills of exchange as known as.

Option A):
PLR
Option B):
None
Option C):
Reverse Repo
Option D):
Bank Rate

Correct Answer is Option D):
Bank Rate

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