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The Central Bank & Monetary Policy · Question 18 of 58

Question 18

MediumOriginal question

The bank rate is the rate at which

Options for question 18

Show the answer and explanation
CorrectNot quiteAnswer D

Correct answer: D

Explanation

  1. Unlike the repo, which is very short-term against securities, the bank rate applies to the central bank's other lending to banks.

Concept
Bank rate
Typical time
70 s
Your time
—
The rule this testsRepo, reverse repo and bank rate
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Ten questions from The Central Bank & Monetary Policy, at your own pace.

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Ten questions from The Central Bank & Monetary Policy, at your own pace.

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