Economics · Economy
In the context of banking operations and government securities, the term 'Repo' is short for repurchase agreement, which primarily signifies:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The permanent sale of treasury bills by the RBI to the public
- 2The direct inter-bank trading of equity instruments
- 3Long-term lending to corporate sectors without collateral
- 4Short-term liquidity borrowing backed by government securities as collateral✓
Correct answer
Short-term liquidity borrowing backed by government securities as collateral
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