Q. At which rate, Reserve Bank of India borrows money from commercial banks?
A) Repo Rate
B) Bank Rate
C) Statutory Liquidity Rate
D) Reverse Repo Rate
✔ Correct Answer: Reverse Repo Rate
Exam Insight
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A) Repo Rate
B) Bank Rate
C) Statutory Liquidity Rate
D) Reverse Repo Rate
✔ Correct Answer: Reverse Repo Rate
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