Question

Which of the following statements is correct
A. In Repo transactions banks sell government securities to RBI with a repurchase agreement
B. Repo transactions happens only against the security of government securities including T-bills

A a. Only A is correct
B b. Only B is Correct
C c. Both A & B are Incorrect
D d. Both A & B are Correct
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RBI Grade B 2026 Phase 1 Memory Based Paper
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