Question
What is the term for the interest rate that a central
bank charges on loans to commercial banks?Solution
The Bank Rate is the rate at which the central bank of a country lends money to commercial banks, often used as a tool to control liquidity and inflation. It is distinct from the repo rate, which is the rate at which banks borrow from the central bank by selling securities.
WHO(World Health Organization) named various variants of the coronavirus using which language to simplify public discussions and also help remove stigma...
When is the National Science Day observed annually?
“Eklavya Model Residential Schools (EMRS)” Came into existence in which year?
Which tree produces natural rubber?
Which Buddhist text is known for its extensive collection of Gautama Buddha's discourses?
Who is the Principal Scientific Adviser to the Government of India?
In which year was the Mahila Samman Savings Certificate (MSSC) scheme launched?
Which unit of measurement when multiplied by 0.39 gives one inch?
The leading Manganese producing State in India is –
’Chapchar Kut’ is a popular festival of which of the following Indian state/ UT?