Q.

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 market
D. All of these
E. None of these
Answer» B. It is a rate at which RBI buys government securities from banks
1.4k
0
Do you find this helpful?
2

View all MCQs in

Banking Awareness

Discussion

No comments yet