Repo rate is the rate at which:

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Economics · Banking and Monetary Policy

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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The Reserve Bank of India (RBI) lends to commercial banks

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Answer 1

Commercial banks lend to the public

Answer 2

The government borrows from commercial banks

Answer 3

The Reserve Bank of India (RBI) lends to commercial banks

Answer 4

Commercial banks pay interest on savings deposits

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