Business Studies, asked by anshumanpanwar4369, 1 year ago

The rate at which the rbi is ready to buy or rediscount bills of excgange or other commercial papers

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Answered by SOHAA

The rate at which RBI purchases or rediscounts bills of exchange of commercial banks is called?

[A] Repo rate
[B] Reverse repo rate
[C] Bank rate
[D] Base rate

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