MCQOPTIONS
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| 1. |
What is Repo Rate? |
| A. | It is a rate at which RBI sells Government securities to banks |
| B. | It is a rate at which RBI buys Government securities from banks |
| C. | It is a rate at which RBI allows small loans in the market |
| D. | It is a rate which is offered by banks to their most valued customers or prime customers |
| Answer» C. It is a rate at which RBI allows small loans in the market | |