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The minimum charge at which the Central Bank lend to commercial banks is called?
Classroom
Commerce Classroom
Waec
Waec 2002
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The minimum charge at which the Central Bank lend to commercial banks is called?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Discount rate
B
Bank rate
C
Market rate
D
Interest rate
Show Answer
Show Explanation
Correct Answer:
Option B
Explanation:
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