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Economics · 2023 · 1 mark
CBSE 2023 · Region 1 · Set 1 · Q3
The rate at which commercial banks borrow from the Reserve Bank of India to meet their long term requirements is known as ______________.(Choose the correct alternative to fill up the blank)
Official answer
From CBSE’s own marking scheme for this paper.
(B)
Bank rate
Marking-scheme solution
(B)
Bank rate
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CBSE Class 12 Economics past-paper question from the 2023board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.