The rate at which a central bank discount first class bills is called the
COMMERCE
JAMB 1999
The rate at which a central bank discount first class bills is called the
- A. fixed rate
- B. bill rate
- C. bank rate
- D. interest rate
Correct Answer: C. bank rate
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *