The interest rate at which Reserve Bank of India lends funds to the commercial Banks for a short period is

(a) Bank Rate
(b) Repo Rate
(c) Reverse Repo Rate
(d) Lending Rate

Anurag Mishra Professor Asked on 26th May 2016 in Economics.
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    Answer: (b) Repo Rate 

    Anurag Mishra Professor Answered on 29th May 2016.
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