Bank rate is the rate at which-

  1. a bank leads to the public
  2. the Reserve Bank of India lends to the public
  3. the Government of India lends to other countries
  4. the Reserve Bank of India gives credit to commercial banks
Anurag Mishra Professor Asked on 16th January 2016 in Economics.
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    Answer: (4) the Reserve Bank of India gives credit to commercial banks 

    Anurag Mishra Professor Answered on 16th January 2016.
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