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What is the Reverse Repo Rate?a)It is the rate of interest at which central bank borrows money from the commercial banks of the country.b)It is the rate of interest at which banks deposit their surplus funds with themselves for short periods.c)It is the rate of interest at which banks can borrow additional money.d)It is the rate of interest at which the RBI buys or rediscounts bills of exchange.Correct answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about What is the Reverse Repo Rate?a)It is the rate of interest at which central bank borrows money from the commercial banks of the country.b)It is the rate of interest at which banks deposit their surplus funds with themselves for short periods.c)It is the rate of interest at which banks can borrow additional money.d)It is the rate of interest at which the RBI buys or rediscounts bills of exchange.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the Reverse Repo Rate?a)It is the rate of interest at which central bank borrows money from the commercial banks of the country.b)It is the rate of interest at which banks deposit their surplus funds with themselves for short periods.c)It is the rate of interest at which banks can borrow additional money.d)It is the rate of interest at which the RBI buys or rediscounts bills of exchange.Correct answer is option 'A'. Can you explain this answer?.

Solutions for What is the Reverse Repo Rate?a)It is the rate of interest at which central bank borrows money from the commercial banks of the country.b)It is the rate of interest at which banks deposit their surplus funds with themselves for short periods.c)It is the rate of interest at which banks can borrow additional money.d)It is the rate of interest at which the RBI buys or rediscounts bills of exchange.Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

Here you can find the meaning of What is the Reverse Repo Rate?a)It is the rate of interest at which central bank borrows money from the commercial banks of the country.b)It is the rate of interest at which banks deposit their surplus funds with themselves for short periods.c)It is the rate of interest at which banks can borrow additional money.d)It is the rate of interest at which the RBI buys or rediscounts bills of exchange.Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of What is the Reverse Repo Rate?a)It is the rate of interest at which central bank borrows money from the commercial banks of the country.b)It is the rate of interest at which banks deposit their surplus funds with themselves for short periods.c)It is the rate of interest at which banks can borrow additional money.d)It is the rate of interest at which the RBI buys or rediscounts bills of exchange.Correct answer is option 'A'. Can you explain this answer?, a detailed solution for What is the Reverse Repo Rate?a)It is the rate of interest at which central bank borrows money from the commercial banks of the country.b)It is the rate of interest at which banks deposit their surplus funds with themselves for short periods.c)It is the rate of interest at which banks can borrow additional money.d)It is the rate of interest at which the RBI buys or rediscounts bills of exchange.Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of What is the Reverse Repo Rate?a)It is the rate of interest at which central bank borrows money from the commercial banks of the country.b)It is the rate of interest at which banks deposit their surplus funds with themselves for short periods.c)It is the rate of interest at which banks can borrow additional money.d)It is the rate of interest at which the RBI buys or rediscounts bills of exchange.Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice What is the Reverse Repo Rate?a)It is the rate of interest at which central bank borrows money from the commercial banks of the country.b)It is the rate of interest at which banks deposit their surplus funds with themselves for short periods.c)It is the rate of interest at which banks can borrow additional money.d)It is the rate of interest at which the RBI buys or rediscounts bills of exchange.Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice UPSC tests.