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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

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Solution

The rate at which the Reserve Bank of India lends money to commercial banks is called the Repo Rate.

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