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.
Add Comment
  • 1 Answer(s)

    Answer: (b) Repo Rate 

    Anurag Mishra Professor Answered on 29th May 2016.
    Add Comment

    Your Answer

    By posting your answer, you agree to the privacy policy and terms of service.