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Pemmaraju Lakshmi

· started a discussion

· 1 Months ago

repo and reverse repo (Question: 370293.0 )

how reverse repo rate will be included in the answer. here reverse repo rate means banks lend some amount of money to the rbi at specified interest rate. It is called reverse repo rate

Question:

The Interest rate at which the RBI lends to commercial banks in the short- term to maintain liquidity is known as

Options:
A)

Interest Rate

B)

Repo Rate

C)

Reverse Repo Rate

D)

All of the above

Solution:

Ans(b)


Repo rate is the rate at which RBI lends to its clients generally against government securities

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