Consider the following statements:1. The repo rate is the rate at whic – McqOptions

MCQOPTIONS

1.	Consider the following statements:1. The repo rate is the rate at which other banks borrow from the Reserve Bank of India.2. A value of 1 for Gird Coefficient in a country implies that mere is perfectly equal income for everyone in its population.Which of the statements given above is/are correct ?
A.	1 only
B.	2 only
C.	Both 1 and 2
D.	Neither 1 nor 2
Answer» E.

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