Q. What is ‘Repo rate’?

  • (A) is the rate at which the RBI lends to State Government
  • (B) is the rate at which the International aid agencies lend to RBI
  • (C) is the rate at which the RBI lends to banks
  • (D) is the rate at which the banks lends to RBI
βœ… Correct Answer: (C) is the rate at which the RBI lends to banks

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