Economy, asked by 4644, 6 months ago

The rate at which the Central Bank lends money to commercial banks is called
1. CRR
2. SLR
3. Bank rate
4. All of these

plz give me a ryt answer ​

Answers

Answered by Anonymous
3

Answer:

Repo rate is the rate at which the central bank of a country (Reserve Bank of India in case of India) lends money to commercial banks in the event of any shortfall of funds. Repo rate is used by monetary authorities to control inflation.

4. All of these

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