Economy, asked by paulsumita64, 5 hours ago

distinguish between repo rate and reserve repo rate?(5 points)

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Answered by richards24050301

Answer:

Bank Rate is the discount rate at which the Central Bank extends a loan to the commercial bank and financial institutions. Repo Rate is described as a rate at which Central Bank extends a short-term loan to the commercial bank.

Explanation:

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distinguish between repo rate and reserve repo rate?(5 points)​

Answers

distinguish between repo rate and reserve repo rate?(5 points)