Correct Answer is : set by the R. B. I.

free to fluctuate according to the forces of demand and supply

set by the R. B. I. as directed by the Union Ministry of Finance

set by R. B. I. as advised by the Indian Banks Association

set by Government of India on the recommendation of the Planning Commissoin

RBI Grade B Officers 2011 dec Paper

Question : 52 of 200

Marks: +1, -0

The bank rate is

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