Economics · Banking and Monetary Policy
The interest rate that scheduled commercial banks receive for parking their short-term excess liquidity with the Reserve Bank of India is known as the:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Marginal Standing Facility (MSF) Rate
- 2Bank Rate
- 3Reverse Repo Rate✓
- 4Repo Rate
Correct answer
Reverse Repo Rate
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