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Q. |
What is a Repo Rate? |
A. | It is a rate at which RBI sell government securities to banks |
B. | It is a rate at which banks borrow rupees from RBI |
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 these |
Answer» B. It is a rate at which banks borrow rupees from RBI |
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