Deputy General Manager(DGM) Question:

Explain what is bank rate?

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Answer:

It is the rate of interest at which the RBI allows finances to commercial banks. By bank rate, the banks can organize the level of economic activities.

In addition to the above-mentioned technical questions, you might also be asked some personal questions like those mentioned below:

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Tell me a suggestion that you have made and was implemented?If you had to give a title to your life story up to this point, what would it be and tell me why?