question_answer

What is Repo Rate?                     [IBPS 2011]

A)  It is a rate at which RBI sell 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

E)  None of the above