Question

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

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

The interest rate when one bank borrows reserves from another bank, especially overnight, is known as the interbank lending rate, often specifically called the federal funds rate in the U.S

A bank discount rate

B interbank offered rate

C bank reserve rate

D federal funds rate

E Prime lending rate

Practice Next

More Research Questions

Which of the following Bank has been authorized by the Reserve Bank of India to collect direct and indirect taxes on behalf of the Central Board of Direct ...
Question 2
For a perfectly competitive industry , the Marginal cost of producing good X is Rs.10 and that for a Monopoly firm is Rs.12. The demand function for the...
NITI Aayog released the "DPI@2047 for Viksit Bharat" roadmap for the adoption of Digital Public Infrastructure 2.0. DPI initiatives currently contribute ne...
In a regression, if an important explanatory variable is omitted, it can lead to:
Question 6
Suppose A consumes only 2 goods X &Y such that A exhausts all the income. Ceteris Paribus, if the price of X rises and the price elasticity of X is 1.2 the...
The government provides public goods because 
In the short run, a tariff imposed on imports generally:
Question 10

Hey! Ask a query

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

Detailed Solution

More Research Questions

Hey! Ask a query

Please Register/Login