Commerce Exam > Commerce Questions > Explain Repo Rate ?
Start Learning for Free
Explain Repo Rate ?
Verified Answer
Explain Repo Rate ?
Definition: 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.
This question is part of UPSC exam. View all Commerce courses
Most Upvoted Answer
Explain Repo Rate ?
Repo rate is the rate at which the central bank of a country (RBI 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.
Attention Commerce Students!
To make sure you are not studying endlessly, EduRev has designed Commerce study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Commerce.
|
|
Explore Courses for Commerce exam
|
|
Similar Commerce Doubts
Top Courses for CommerceView all
Explain Repo Rate ?
Question Description
Explain 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 Explain Repo Rate ? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Explain Repo Rate ?.
Explain 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 Explain Repo Rate ? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Explain Repo Rate ?.
Solutions for Explain Repo Rate ? in English & in Hindi are available as part of our courses for Commerce.
Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of Explain Repo Rate ? defined & explained in the simplest way possible. Besides giving the explanation of
Explain Repo Rate ?, a detailed solution for Explain Repo Rate ? has been provided alongside types of Explain Repo Rate ? theory, EduRev gives you an
ample number of questions to practice Explain Repo Rate ? tests, examples and also practice Commerce tests.
|
|
Explore Courses for Commerce exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup