Sports GK Questions and Answers 2024 (Latest Updated)

Awards & Honours GK Questions 2024 (Latest Updated)

Question

What is Repo Rate?

A It is a rate at which RBI sell government securities to banks
B It is a rate at which RBI buys government securities from banks
C It is a rate which is offered by Banks to their most valued customers or prime customer
D It is a rate which RBI allows small loan in a market
E None of the above

Answer & Explanation

Answer: Option [B]

Advertisement
Article and Schedule Quiz Start Test!
DOWNLOAD CURRENT AFFAIRS PDF FROM APP

Random GK Questions

Assam Direct Recruitment Test Series

Teacher Eligibility Test

Assam Direct Recruitment Test Series