BPSC 56th-59th Exam Prelims 15 Mar 2015 Solved Paper
© examsiri.com
Question : 95 of 150
Marks:
+1,
-0
Consider the following statements :
I. Bank rate is the rate of interest which RBI charges its clients on their short-term borrowing.
II. Repo rate is the rate of interest
which RBI charges its clients on their long-term borrowing. Which of the statements given above is/are incorrect?
I. Bank rate is the rate of interest which RBI charges its clients on their short-term borrowing.
II. Repo rate is the rate of interest
which RBI charges its clients on their long-term borrowing. Which of the statements given above is/are incorrect?
Go to Question: