1. At present, the repo rate is 11.75 % |
2. At present, the reverse repo rate is 5.75 % |
3. Repo rate is the rate at which RBI lends to commercial banks |
4. Reverse Repo is the rate at which RBI borrows from commercial banks |
A) 1 only
B) 1 and 2
C) 1, 3 and 4
D) None of the above
Correct Answer: A
Solution :
At present, the repo rate is 6.75%You need to login to perform this action.
You will be redirected in
3 sec