Which of the following represents the correct meaning of 'Repo Rate'? – McqOptions

MCQOPTIONS

1.	Which of the following represents the correct meaning of 'Repo Rate'?
A.	none of these
B.	Rate of borrowing money by banks from RBI
C.	The rate at which RBI sells government securities to banks
D.	Rates offered by banks to their important customers
Answer» C. The rate at which RBI sells government securities to banks

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