Sports GK Questions and Answers 2024 (Latest Updated)

Awards & Honours GK Questions 2024 (Latest Updated)

Question

The bank rate is

A Set by the RBI
B Set by the RBI as advised by the Indian Banks of Association
C Free to fluctuate according to the forces of demand and supply
D Set by the RBI is directed by the Union Ministry of Finance
E None of the above

Answer & Explanation

Answer: Option [A]

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