the central bank carries out its monetary policy through?
-
A.
discounting bills -
B.
credit ceilling -
C.
replacement of worn out notes -
D.
bank rates
Correct Answer: Option D
Explanation
Bank rate, also referred to as the discount rate is the rate of interest which a central bank charges on its loans and advances to a commercial bank. the central bank can either increase or decrease bank rates to regulate the flow of money in the economy