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bhavik bagiya

· started a discussion

· 1 Months ago

doubt (Question: 160951.0 )

wt is repo rate?

Question:

If in the market, the loan-availability for the citizen have become cheaper, then it’s possible that:-

Options:
A)

The RBI has increased the CRR

B)

The RBI has started selling securities through OMO mechanism

C)

The RBI has decreased the Repo Rate

D)

All of these

Solution:

The first two would make credit-availability difficult for the people. Only if the RBI decreases the repo rate will the liquidity increase, thus the loan-availability of the people will be easy.  

Knowledge Expert

· commented

· 1 Months ago

Dear Student,
Repo Rate - Repo rate is the rate at which RBI lends to its clients generally against government securities. Reduction in Repo rate helps the commercial banks to get money at a cheaper rate.

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