Answer-What is Repo Rate?

The Repo Rate is the rate at which the Reserve Bank of India lends short-term money to banks, influencing the cost of borrowing and playing a crucial role in monetary policy management.

Question

What is Repo Rate?

A The bank gives loans to the Reserve Bank of India at short term rates.

B Short term rate at which the government lends to the bank.

C The short-term rate at which the Reserve Bank of India lends to the bank.

D The short term rate at which the bank provides loans to the customers.

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