Question
The central Bank (RBI) buys the government security with
the agreement of the resale of the security at a rate called:Solution
When the central bank buys the security, this agreement of purchase also has specification about date and price of resale of this security. This type of agreement is called a repurchase agreement or repo. The interest rate at which the money is lent in this way is called the repo rate.
In July 2024, which economic indicator was recorded as the lowest in the last 59 months?
Which state government has launched the Fiber Optic Network scheme for digital empowerment. The aim is to provide internet access to all households ac...
Which company recently announced plans to establish an AI Cluster at Gujarat International Finance Tec-City (GIFT City) in Gandhinagar, Gujarat?
Which of the following was recognised by Reserve Bank of India (RBI) as India’s first Self-Regulatory Organization (SRO) for the NBFC-MFIs in 2014?
Which is the largest freshwater lake in Kerala?
Artemis 2 Moon Mission will be launched by which Space Agency?Â
When was the Ministry of Education (MoE) created?
Which location has recently been chosen for setting up India's first Electric Pilgrimage Corridor?
Where is the capital of Switzerland?Â
In the Global Air Quality Index of SWISS FIRM IQAir for the year 2022, at what rank did India stand in terms of air quality worldwide?
Relevant for Exams:
