Question
Bank Rate is also known
as:Solution
Bank rate is also referred to as the discount rate. It is the rate of interest at which RBI is ready to buy or rediscount bills of exchange or other commercial papers. No securities are pledged.
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Each sentence is divided into parts (a), (b), (c), and (d). Identify the part that contains an error. If there is no error, choose (e).
Not onl...
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It is about time we tell you that you should start preparing for the exam sincerely.
In each of the following questions, a sentence is divided into four parts (A), (B), (C) and (D), One of these parts may contain an error. Identify the ...