____ is the official minimum rate at which the Central Bank of a count

1.	____ is the official minimum rate at which the Central Bank of a country is prepared to rediscount approved bills held by the commercial banks
Answer» Bank rate Bank rate is the official minimum rate at which the Central Bank of a country is prepared to rediscount approved BILLS HELD by the COMMERCIAL BANKS.

____ is the official minimum rate at which the Central Bank of a country is prepared to rediscount approved bills held by the commercial banks

Answer»

Bank rate

Bank rate is the official minimum rate at which the Central Bank of a country is prepared to rediscount approved BILLS HELD by the COMMERCIAL BANKS.