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What is the Repo Rate?...

What is the Repo Rate?

A

It is a rate at which RBI sells Government securities to banks

B

It is a rate at which RBI buys Government securities from banks

C

It is a rate at which RBI allows small loans in the market

D

It is a rate which is offered by banks to their most valued customers or prime customers

Text Solution

Verified by Experts

The correct Answer is:
B
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