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Central Bank

What is Repo ...

Question

What is Repo Rate?

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Solution

Repo rate is the rate at which the central bank of a country lends money to commercial banks in the event of any shortfall of funds.

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Q. What is mean by repo-rate and reverse repo-rate?

What is the difference between bank rate and repo rate?

What do you mean by reverse repo rate?

Reverse repo rate is the rate at which

Q. Answer in detail.
Explain in details Repo Rate and Reverse Repo Rate of Central Bank.

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