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is the rate of interest which is levied on long term loans and advances taken by commercial banks from RBI:

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is the rate of interest which is levied on long term loans and advances taken by commercial banks from RBI:

a) Reverse Repo Rate

b) Fixed Interest Rate

c) Bank Rate

d) Repo Rate

e) None of These

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Bank Rate is the rate of interest which is levied on long term loans and advances taken by commercial banks from RBI.

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