What do we call the rate at which the Reserve Bank of India lends money to commercial banks?a.Repo Rateb.Reverse Repo Ratec.CRRd.SLR
Question
What do we call the rate at which the Reserve Bank of India lends money to commercial banks?a.Repo Rateb.Reverse Repo Ratec.CRRd.SLR
Solution
The rate at which the Reserve Bank of India lends money to commercial banks is called the Repo Rate.
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