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The Central Bank & Monetary Policy · Question 22 of 58

Question 22

MediumOriginal question

If the RBI wants banks to park more of their surplus funds with it rather than lend them, it would

Options for question 22

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. A higher reverse repo pays banks more for funds kept with the RBI.

Concept
Using the reverse repo
Typical time
70 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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