Economics · Monetary Policy
Repo rate is the interest rate at which:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Commercial banks borrow from the RBI✓
- 2Commercial banks borrow from other commercial banks
- 3Commercial banks deposit money with the RBI
- 4The common public deposits money with the RBI
Correct answer
Commercial banks borrow from the RBI
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