Question

What Is The Repo Rate?

Answer 1

Answer:

Heya mate, ✌✌

The rate at which the central bank of a country, lends money to commercial banks is known as repo rate..

Hope it helps..

Answer 2

Answer:

HEY MATE ,

HERE IS YOUR ANSWER

REPO RATE:- the rate at which commercial banks borrow money by selling their securities to the central bank of our country ,i.e. RESESERVE BANK OF INDIA

to maintain LIQUIDITY in case of shortage of funds

or due to some statutory measures..

HOPE IT HELPS✌✌✅

STAY HOME, STAY SAFE...