The rate of interest at which Reserve Bank of India lends short term f – McqOptions

MCQOPTIONS

1.	The rate of interest at which Reserve Bank of India lends short term funds to the Commercial Banks is known as
A.	Repo Rate
B.	Reverse Repo Rate
C.	Prime Lending Rate (PLR)
D.	None of the above
Answer» B. Reverse Repo Rate

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