McqMate
Q. |
When Repo rate is reduced by RBI, it leads to |
A. | reduction of cost to borrowers on loans from banks |
B. | increase in cost of loans to borrowers from banks |
C. | reduction in cost of borrowing by banks from RBI |
D. | increase in cost of borrowing by banks from RBI |
E. | None of these |
Answer» C. reduction in cost of borrowing by banks from RBI |
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