Question
Which statement regarding the repo rate is
INCORRECT?Solution
The repo rate is the rate at which the Reserve Bank of India (RBI) lends money to commercial banks against securities as collateral, not the rate at which banks place funds with the RBI. The reverse repo rate, conversely, is the rate at which the RBI borrows money from commercial banks. As of December 2024, the repo rate stands at 6.50%, while the reverse repo rate is 3.35%. The repo rate serves as a key monetary policy tool for controlling inflation and managing liquidity in the economy.
Select the correct option that will meet the image pattern of the given image.
Select the appropriate picture to come forward in the given series.
Which of the given figures when placed in the 5th position would continue the series that is established by the first four figures?
If the word 'EXAMINATION' is arranged in alphabetical order from the right end, then which of the following letter will be fourth letter to the right of...
Select the figure from among the given options that can replace the question mark (?) in the following series.
Select an appropriate figure from the four options that would complete the figure.
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