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:
List some traits of highly effective leaderships?
List some effective leadership skills?
What is eagerness to accept responsibility?
Define effective self assessment?
What is perseverance?
What is emotional stability?
What is adaptability and flexibility?
How do I verify a social security number?
How do I do a background check?
What are the Reasons to check references or background?
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