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


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