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Questions and Answers
Which one of these is the correct definition of Repo Rate?
Which one of these is the correct definition of Repo Rate?
- Rate at which you buy tomatoes(luxury) in the market
- Rating that RBI gives to banks based on their yearly performance
- Rate at which RBI lends money to commercial banks (correct)
- Rate at which RBI borrows money from Commercial Banks
What is the current Repo Rate?
What is the current Repo Rate?
- 4.90%
- 6.50% (correct)
- 5.90%
- 5.40%
What is Reverse Repo Rate?
What is Reverse Repo Rate?
- Rating given by commercial banks to RBI on a yearly basis
- Rate at which RBI borrows money from Commercial Banks (correct)
- Rate at which RBI lends money to Commercial Banks
- Speed rate at which you reverse your car
Is it possible to get funding to buy land?
Is it possible to get funding to buy land?
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What is Acquisition Funding?
What is Acquisition Funding?
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