1.

The rate of which banks borrow loan from RBI is ______ .

Answer»

Reverse REPO Rate
Repo Rate
Cash Reserve Ratio
Base rate

Solution :BANKS MAY have to borrow MONEY from the RBI at times WHENEVER there is a shortfall . And when they borrow money from the RBI, they have to pay interest to them , The RBI lends money to the commercial banks at repo rate.


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