Multiple Choice Questions on Reverse repo rate is the rate at which ........ for General Knowledge ( All Exams) Preparation

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Multiple Choice Questions

Reverse repo rate is the rate at which ........

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    Reverse repo rate is the rate at which -

    Banks take loans from RBI

    Incorrect Answer

    Banks provide loans to RBI

    Incorrect Answer

    Banks provide loans to another banks

    Incorrect Answer

    None of the above

    Correct Answer
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    Explanation:

    Reverse Repo is  the rate of interest which is given by RBI on Money deposited by banks with RBI.

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