Home » Commerce » The rate at which a central bank discount first class bills is called theThe rate at which a central bank discount first class bills is called the The rate at which a central bank discount first class bills is called the A. fixed rate B. bill rate C. bank rate D. interest rate Correct Answer: Option C Explanation Related Posts The principle which requires the insurance company to disclose to the proposer all material facts… A company which issues a promissory note in lieu of payment for goods purchased A grocer invoiced a carton of fish valued at #2,500 for #2,000 only. To correct… The different between an overdraft and loan is that an overdraft? In CIF contracts, risk passes at the time of shipment but the property does not… All human efforts geared towards the production of goods and services is?