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The Central Bank & Monetary Policy · Question 14 of 58

Question 14

EasyOriginal question

The repo rate is the rate at which

Options for question 14

Show the answer and explanation
CorrectNot quiteAnswer D

Correct answer: D

Explanation

  1. In a repo, a bank sells securities to the RBI with an agreement to buy them back; the cost is the repo rate.

Concept
Repo rate
Typical time
40 s
Your time
—
The rule this testsRepo, reverse repo and bank rate
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Ten questions from The Central Bank & Monetary Policy, at your own pace.

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Ten questions from The Central Bank & Monetary Policy, at your own pace.

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