CBSE BOARD XII, asked by kishanmakwana580, 5 months ago

What is the rate at which RBI borrows funds for very short term from the

commercial banks is called?

(a) Repo rate
(b) Bank rate

(c) Reverse repo rate (d)Openmarket rate​

Answers

Answered by itzHitman
69

Explanation:

Reverse repo rate..... ...... ......

Answered by Anonymous
75

Answer:

Option C - Reverse repo rate is the correct answer

Explanation:

#Hope you have satisfied with this answer.

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