Economics · Monetary Policy
Repo Rate is defined as the interest rate at which:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1RBI lends money to commercial banks✓
- 2RBI borrows money from commercial banks
- 3RBI lends money to capital markets
- 4RBI borrows money from capital markets
Correct answer
RBI lends money to commercial banks
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