Multiple Choice Questions on What is meant by Repo Rate i Rate at which RBI lends commercial banks in place of Govt securities ii........... for RBI Grade B Exam Preparation

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Multiple Choice Questions

What is meant by Repo Rate i Rate at which RBI lends commercial banks in place of Govt securities ii...........

Finance (RBI) Reserve Bank of India
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    What is meant by Repo Rate?

    i) Rate at which RBI lends commercial banks in place of Govt securities

    ii) Rate at which Commercial Banks lend the clients

    Only i

    Correct Answer

    Only ii

    Incorrect Answer

    Both i and ii

    Incorrect Answer

    None of the above 

    Incorrect Answer
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    Explanation:

    Repo rate is the rate at which RBI lends to its clients generally against government securities.  

    By: Vikas Goyal
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