Economics · Monetary Policy Instruments
What is the Repo Rate?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The short-term rate at which commercial banks lend money to the Reserve Bank of India.
- 2The short-term rate at which the Reserve Bank of India lends money to commercial banks.✓
- 3The short-term rate at which the government lends money to commercial banks.
- 4The short-term rate at which commercial banks provide loans to their customers.
Correct answer
The short-term rate at which the Reserve Bank of India lends money to commercial banks.
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