New Enroll in RBI Grade B New Batch - Starts on May 21

    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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