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———-is the rate at which the central bank discounts or rediscounts the eligible bills

January 15, 2022
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----------is the rate at which the central bank discounts or rediscounts the eligible bills

Q. ———-is the rate at which the central bank discounts or rediscounts the eligible bills

A.            Credit rate

B.            Bank rate

C.            Bill rate

D.            Deposit rate

Answer: Bank rate

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