Bank Rate is the rate of interest ---

A at which public borrows money form commercial bank.
B at which government borrows money form public
C at which commercial banks borrow money from the central bank
D at which commercial banks borrow money from public

Correct Answer: at which commercial banks borrow money from the central bank

Bank Rate হলো একটি দেশের কেন্দ্রীয় ব্যাংকের সুদের হার। এ সুদের হারে কেন্দ্রীয় ব্যাংক অন্যান্য বাণিজ্যিক ব্যাংকগুলোকে ঋণ দিয়ে থাকে।
Bissoy MCQ
#সাধারণ জ্ঞান #বিভিন্ন দেশের ব্যাংকিং ব্যবস্থা #IFIC Bank Ltd #Trainee Asst. Officer 09.02.2018

Related Questions

Bank X pays a simple interest of TaKa 80 on principal o taka 1,000 annually . Bank y pays a simple interest of TaKa 140 on a principal of Taka 1000 annually . What is the ratio of the interest rates of Bank x to Bank y ?
A 4:7
B 6:8
C 9:18
D 2:7
On fixed deposits, Bank X offers an interest of 13.5% per year and Bank Y offers 14.00% per annum. Arianna kept taka one million with Bank X for a year and Tatiana kept the same amount in Bank Y also for a year? How much did Arianna lose at the end of the year in taka?
A 5,000
B 6,000
C 4,500
D 5,500
Arman wanted to have Tk. 39,200 as interest after 5 years. He has invested an amount in an account for 1 year at 8% interest rate. From the 2nd year, he invested the principal amount in another account offering 10% interest for 3 years. At the beginning of the fifth year he invested the Principal amount in another account at the rate of 11%. What was the principal amount? (assume simple interest rate)
A Tk. 50,000
B Tk. 80,000
C Tk. 70,000
D Tk. 90,000
E None of them
Two banks offer interest rate of 6% and 7% respectively on savings account. Mr. Faruq deposited a total amount of Tk. 4000 in the banks and in one year his interest income was Tk. 250. Find the deposit in the bank with 7% interest rate?
A 3000
B 2000
C 1500
D 1000
Reena took a loan of Tk. 1200 with simple interest for as many years as the rate of interest. If she paid Tk. 432 as interest at the end of the loan period, what was the rate of interest?
A 3.6
B 6
C 18
D None of these
Hasib took a loan of 1400 tk with simple interest for as many years as the rate of interest. If he paid 126 th as interest at the end of the loan period , what was the rate of interest?
A 3%
B 6%
C 9%
D 12%
Reena took a loan of Rs. 1200 with simple interest for as many years as the rate of Interest. If she paid Rs. 432 as interest at the end of the loan period, what was the rate of interest?
A 3.6
B 6
C 18
D cannot be determined
Dogger Bank, Rockfall Bank, Wales Bank and Sand Bank are located in
A North West Atlantic
B North East Pacific
C North East Atlantic
D North West Pacific
Grand Bank, Sable Bank, Middle Bank and Jeffery Bank are the major fishing grounds of
A North West Atlantic
B North East Pacific
C North East Atlantic
D North West Pacific
An automobile financier claims to be lending money at simple interest, but he includes the interest every six months for calculating the principal. If he is charging an interest of 10%, the effective rate of interest becomes---
A 10%
B 10.25%
C 10.75%
D 11%

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