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BNK601 - Banking Laws & Practices

Question(s) similar to the following:

The discounting rate of the first class bills by the State Bank is called:

Question 1: The discounting rate of the first class bills by the State Bank is called:

Bank rate
Prime lending rate
Loan rate
Discounting rate

Similar Questions:

Question 2: The discounting rate of the first class bills by the State Bank is called:

Bank rate
Prime lending rate
Loan rate
Discounting rate

Question 3: The discounting rate of the first class bills by the state bank is called which of the following?

Bank Rate
Prime Lending Rate
Loan Rate
Discounting Rate
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