Sarah Palin just gave Azealia Banks a verbal undressing -- sans crude and humiliating suggestions.

The former Alaska gov responded to the rapper's since-deleted Twitter rant in which Banks calls for Palin to be gang raped by black men because Palin said black people willingly accepted slavery.

Thing is -- Palin NEVER said such a thing. Banks mistook a satirical article for a legitimate news report, and Palin had to remind Banks she was DUPED, saying, "You're obviously not exercising enough intelligence to acknowledge you've been sucked into believing some fake interview."

Palin went on to extend the olive branch ... telling Banks -- "Why don't we strengthen both our platforms and work together on something worthwhile -- like condemning racism."