Question

varying the repo rate and reserve repo rate RBI​

Answer 1

Explanation:

To conclude, the major difference between these two is that an increase in the repo rate will make commercial banks borrow less. Whereas an increase in the reverse repo rate will allow commercial banks to transfer more funds to RBI, which contributes to the money supply

Answer 2

Answer:

The reverse repo rate was also decreased by 90 basis points to now stand at 3.75%. The previous repo rate was 4.4% which was revised on 27 March 2020. On 4 April 2019, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) revised the repo rate.

Repo rate refers to the rate at which commercial banks borrow money by selling their securities to the Central bank of our country i.e Reserve Bank of India (RBI) to maintain liquidity, in case of shortage of funds or due to some statutory measures. It is one of the main tools of RBI to keep inflation under control.

thank you hope it helped you

Explanation:

please mark me as brainliest and thanks if it helped you

please follow me