manager of Bank of India, Karol Bagh : "why don't you borrow from the central bank to meet your this need for 5 days only?"
which of the interest rate will be charged to meet the short-term needs for five days by the central bank
(a) repo rate
(b) reserve repo rate
(c) bank rate
(d) margin requirements
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Answer:
I'm not sure but it is (d) margin requirements ......
hope it helps you.....
have a nice day ahead......
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