Advertisements
Advertisements
Question
Repo rate refers to ______.
Options
The rate of interest at which RBI lends to the commercial banks
The rate of interest at which RBI borrows from the commercial banks
The rate of interest at which RBI lends to corporate houses
None of these
MCQ
Fill in the Blanks
Advertisements
Solution
Repo rate refers to the rate of interest at which RBI lends to the commercial banks.
shaalaa.com
Is there an error in this question or solution?
