Commerce Short Question | Gkseries

Sports GK Questions and Answers 2024 (Latest Updated)

Awards & Honours GK Questions 2024 (Latest Updated)

Question

When RBI grants loan to commercial banks and charges interest on it, it is called :

A Rapo rate
B Reverse Rapo rate
C Sweep stack rate, basic rate
D Bank rate

Answer & Explanation

Answer:Rapo rate

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