Banking · Monetary Policy Instruments
What is the 'Reverse Repo Rate'?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The rate at which RBI lends to commercial banks
- 2The rate at which RBI borrows money from commercial banks✓
- 3The rate at which banks lend to customers
- 4The rate used for repo transactions
Correct answer
The rate at which RBI borrows money from commercial banks
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