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Central Bank — Economics STD 10 — Question

ICSE BoardEnglish MediumSTD 10EconomicsCentral Bank1 Mark
MCQ
Bank rate is the rate at which
  • A
    Commercial banks purchase government securities from the central bank.
  • ✓
    Commercial banks can take loans from the central bank.
  • C
    Short-term loans are given by commercial banks.
  • D
    Commercial bank take loans from the public.
✓

Answer

Correct option: B.
Commercial banks can take loans from the central bank.
B

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