Consider the following statements - 1 - Bank rate is the interest rate that the Reserve Bank of India charges its customers on their short-term borrowings. Repo rate is the interest rate that the Reserve Bank of India charges its customers on their long-term borrowings.

• A. केवल 1
• B. केवल 2
• C. दोनों 1 और 2
• D. न तो 1 और न तो 2