Explanation:

• Repo rate and reverse repo rate are part of RBI’s Liquidity Adjustment Facility (LAF). REPO rate (now 4.4%) denotes Re Purchase Option – the rate by which RBI gives loans to other banks. In other words, it is the rate at which banks buy back the securities they keep with the RBI at a later period.
• Bank gives loan to the public at a higher rate, often 1% higher than REPO rate, at a rate known as Bank Rate.
• Loan moratorium period refers to a particular period of a loan tenure during which the borrower does not have repay anything.It doesn’t mean that he is completely waived off his loans.