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      Question

      When economists talk about rate hikes, then precisely

      which rate is discussed here in the Indian context?
      A Bank Rate Correct Answer Incorrect Answer
      B Repo Rate Correct Answer Incorrect Answer
      C Benchmark Rate Correct Answer Incorrect Answer
      D Reverse Repo Rate Correct Answer Incorrect Answer
      E MCLR Correct Answer Incorrect Answer

      Solution

      If you see Reserve Bank of India website then under policy rates tab its written as Policy Repo Rate.

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