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Who decides repo rate, reverse repo rate...

Who decides repo rate, reverse repo rate and bank rate?

A

SEBI

B

NABARD

C

Reserve Bank of India

D

SBI

Text Solution

Verified by Experts

The correct Answer is:
C
The monetary policies are regulated by the Reserve bank of India. These policies include Repo rate, Reverse Repo rate, Bank Rate. by these rates RBI use to maintain the flow of the liquidity in the market.
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PINNACLE-ECONOMICS-MCQ (NATIONAL INCOME, IFLATION, BUDGET, TAXATION AND GDP)
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