The rate at which the reserve bank extends credit to the other banks is known as what? and 2011 World Bank / IMF Annual Meetings - Meeting of Arab Governors

The rate at which the reserve bank extends credit to the other banks is known as what?

(a)Bank rate
(b)Lending rate
(c)Repo rate
(d)Prime rate


bank best answer:

Answer by $ so fresh so clean$
(a) bank rate

bank

2011 World Bank / IMF Annual Meetings - Meeting of Arab Governors


Image by World Bank Photo Collection
September 25, 2011 - Washington DC., World Bank / IMF Annual Meetings 2011. Arab Governors with Robert Zoellick. Photo: Ryan Rayburn / World Bank

Photo ID: 092511_Arab_Governors_RR_035_F

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