Consider the following after RBI rsquo sbi monthly monetary policy review on April 6 2017 I Repo rat...........

Banking and Financial Awareness (IBPS RRB CL) Money Supply and Monetary Policy

Consider the following after RBI’sbi-monthly monetary policy review on April 6, 2017.

I. Repo rate: 6.25%

II. Reverse Repo Rate: 5.75%

III. Marginal Standing Facility Rate:6.75%

Which of the above is/are correct?

Only I

Both I and II

Both II and III

Both I and III

All of these

The repo rate is 6.25 % and marginal standing facility rate is 6.75% after RBI’s bi-monthly monetary policy review on April 6, 2017.

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