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      Question

      Repo rate is the rate at which the

      _______?
      A RBI lends to state government Correct Answer Incorrect Answer
      B Banks lends to RBI Correct Answer Incorrect Answer
      C RBI lends to banks Correct Answer Incorrect Answer
      D None of these Correct Answer Incorrect Answer

      Solution

      It is also called as Repurchase rate. It is the interest rate at which the central bank of a country lends money to commercial banks.

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