MCQOPTIONS
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| 1. |
An agreement, which in fact is a contract, between the RBI and Banks for the sale and repurchase of Government securities and short term treasury bills at a future date and for which the RBI indicate 'the interest rate' is generally known as |
| A. | Repo Rate |
| B. | Bank Rate |
| C. | Reverse Repo Rate |
| D. | Prime Lending Rate |
| Answer» B. Bank Rate | |