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Consider the following statements:1. Repo rate and Reverse repo rate as aninstrument of money market were introducedpost economic reforms of 1991.2. In reverse repo, RBI is the lender whereasBanks and Financial Institutions areborrowers.Which of the statements given above is/arecorrect?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared
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Solutions for Consider the following statements:1. Repo rate and Reverse repo rate as aninstrument of money market were introducedpost economic reforms of 1991.2. In reverse repo, RBI is the lender whereasBanks and Financial Institutions areborrowers.Which of the statements given above is/arecorrect?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC.
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Consider the following statements:1. Repo rate and Reverse repo rate as aninstrument of money market were introducedpost economic reforms of 1991.2. In reverse repo, RBI is the lender whereasBanks and Financial Institutions areborrowers.Which of the statements given above is/arecorrect?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Consider the following statements:1. Repo rate and Reverse repo rate as aninstrument of money market were introducedpost economic reforms of 1991.2. In reverse repo, RBI is the lender whereasBanks and Financial Institutions areborrowers.Which of the statements given above is/arecorrect?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Consider the following statements:1. Repo rate and Reverse repo rate as aninstrument of money market were introducedpost economic reforms of 1991.2. In reverse repo, RBI is the lender whereasBanks and Financial Institutions areborrowers.Which of the statements given above is/arecorrect?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Consider the following statements:1. Repo rate and Reverse repo rate as aninstrument of money market were introducedpost economic reforms of 1991.2. In reverse repo, RBI is the lender whereasBanks and Financial Institutions areborrowers.Which of the statements given above is/arecorrect?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice UPSC tests.