Consider the following about Bank Rate and mark the incorrect statements........

Economic Affairs Money Supply and Monetary Policy

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Consider the following about Bank Rate and mark the incorrect statements

Central banks can charge this rate when lending to Commercial Banks

Bank rate is higher than repo rate

Bank rate is for longer tenure than Marginal Standing facility

Bank rate is limited by Net Demand Time Liabilities of respective banks

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Explanation:

4th option is incorrect.
The Net Demand and Time Liabilities or NDTL shows the difference between the sum of demand and time liabilities (deposits) of a bank (with the public or the other bank) and the deposits in the form of assets held by the other bank.
Bank rate is the rate charged by the central bank for lending funds to commercial banks. Bank rates influence lending rates of commercial banks.