Question

The rate of interest paid when one bank borrows reserves from another bank is called the:

A bank discount rate
B interbank offered rate
C bank reserve rate
D federal funds rate
E Prime lending rate
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)