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प्रश्न
Bank rate is for ______
विकल्प
Commercial banks by the government
Commercial banks by the central bank
Central banks by the central bank
Central bank by the commercial banks
MCQ
रिक्त स्थान भरें
उत्तर
The bank rate is for Commercial banks by the central bank
Explanation:
The LRR (Legal reserve ratio) permits commercial banks to maintain a portion of their deposits in reserve while using the balance to extend loans. This process' cycle of transactions aids in the creation of money.
shaalaa.com
Central Bank: Functions
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