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    4. Economic and Social Issues ESI
    5. When economists talk about rate hikes, then precisely which rate is discussed here in the Indian con

    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.

    Practice Next
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