Economics · Monetary Policy
Repo rate is defined as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The interest rate paid on corporate debentures
- 2The rate at which the Reserve Bank of India (RBI) provides short-term loans to commercial banks against government securities✓
- 3The rate of interest charged by RBI on long-term loans to commercial banks without collateral
- 4The rate of interest that banks receive from RBI on their surplus cash deposits
Correct answer
The rate at which the Reserve Bank of India (RBI) provides short-term loans to commercial banks against government securities
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