CameraIcon

SearchIcon

MyQuestionIcon

2

You visited us 2 times! Enjoying our articles? Unlock Full Access!

Debt Trap

The rate at w...

Question

The rate at which the Reserve Bank of India borrows money from commercial banks is known as

A

Repo rate

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

Statutory Liquidity Ratio

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

Reverse repo rate

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

D

Corporate Social Responsibility

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C Reverse repo rate
Reverse repo rate

Suggest Corrections

thumbs-up

0

Similar questions

Q. What is the rate of interest at which the Reserve Bank of India borrows money from commercial banks called?

Q. Which of the following refers to the rate of interest at which the commercial banks borrow money from the Reserve Bank of India?

Q. The rate at which the Reserve Bank of India lends, money to commercial banks for long period is called ________________.

Q. What is the rate of interest at which commercial banks borrow money from the RBI known as?

Q. The rate of interest at which banks borrow money for short periods from the Reserve Bank of India is called _____________.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Borrowing Money

CIVICS

Watch in App

explore_more_icon

Explore more

Standard VI Civics

Join BYJU'S Learning Program

CrossIcon