Advertisements
Advertisements
प्रश्न
The rate of which commercial banks borrow from the Central Bank is the:
विकल्प
Bank rate
Deposit rate
Lending rate
None of these
Advertisements
उत्तर
Bank rate
Explanation:
The bank rate is the rate at which commercial banks borrow from the central bank. It is defined as "the rate at which the central bank is ready to rediscount the first-class securities and bills presented before it by the commercial banks." Central banks employ the bank rate as a monetary policy tool to influence the economy.
संबंधित प्रश्न
Which of the following is a selective/qualitative method of credit control?
Define qualitative credit control policy of the RBI.
During deflation, the Central Bank usually ______.
What is meant by open market operations?
The Central Bank is the apex monetary institution of the country. Explain its role of a custodian of foreign exchange reserves.
Which of the following statements are correct and which are incorrect? Give reasons.
- Central bank is a currency authority.
- Bank rate is a qualitative method of credit control.
- Quantitative methods regulate direction of credit.
- Bank rate is the rate at which commercial banks give loans to the public.
- Central bank should sell government securities when credit is to be expanded.
Who controls the credit supply in an economy?
What do you mean by credit control?
Give an example of margin requirements.
Describe two quantitative credit control measures of the Central Bank.
