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What do you mean by repo rate?
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What do you mean by repo rate?
Repo rate refers to the rate at which the commercial banks borrows funds from the central bank against approved securities for a period of 1 of 14 days ,with an agreement to re- purchase on maturity..
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What do you mean by repo rate?
Repo rate is the rate at which the central bank of a country (Reserve Bank of India in case of India) lends money to commercial banks in the event of any shortfall of funds. Repo rate is used by monetary authorities to control inflation.
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What do you mean by repo rate?
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What do you mean by repo rate? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about What do you mean by repo rate? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What do you mean by repo rate?.
What do you mean by repo rate? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about What do you mean by repo rate? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What do you mean by repo rate?.
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