UPSC via PYQs
UPSC Prelims 1995Question 60Economy

Bank Rate implies the rate of interest

Options

  1. (a)paid by the Reserve Bank of India on the Deposits of Commercial Banks
  2. (b)charged by Banks on loans and advances
  3. (c)payable on Bonds
  4. (d)at which the Reserve Bank of India discounts the Bills of Exchange

The full breakdown is part of the paid archive

This question's answer, explanation and links to every related question across 48 years (1979–2026) are inside the app. The two most recent years are free to read in full — no account needed.

See what's inside →

Learn this in NCERT

Related questions the exam has asked

Independent UPSC previous-year-questions study tool — not affiliated with or endorsed by the UPSC. Question text is reproduced from publicly released UPSC examination papers.
UPSCviaPYQs · Privacy · Terms