Repo means Sale and Repurchase Agreement

Repo is a swap deal involving the immediate Sale of Securities and simultaneous purchase of those securities at a future date, at a predetermined price

Repo rate helps commercial banks to acquire funds from RBI by selling securities and also agreeing to repurchase at a later date.

Find the wrong one: – McqOptions

1.	Find the wrong one:
A.	Repo means Sale and Repurchase Agreement
B.	Repo is a swap deal involving the immediate Sale of Securities and simultaneous purchase of those securities at a future date, at a predetermined price
C.	Repo rate helps commercial banks to acquire funds from RBI by selling securities and also agreeing to repurchase at a later date.
D.	None of These
Answer» E.

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