What is repo rate and reverse repo rate?

Banking, Finance & Insurance RBI Recruitment 2 years ago

0 1 0 0 0 tuteeHUB earn credit +10 pts

5 Star Rating 1 Rating
What is repo rate and reverse repo rate?

Posted on 16 Aug 2022, this text provides information on RBI Recruitment related to Banking, Finance & Insurance. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

Take Quiz To Earn Credits!

Turn Your Knowledge into Earnings.

tuteehub_quiz

Answers (1)

Post Answer
profilepic.png
manpreet Tuteehub forum best answer Best Answer 2 years ago
The repo rate, on the other hand, is an interest rate which is determined by the Reserve Bank of India (RBI) and charged against the funds lent by the central bank to commercial banks and all other financial institutions.

No matter what stage you're at in your education or career, TuteeHub will help you reach the next level that you're aiming for. Simply,Choose a subject/topic and get started in self-paced practice sessions to improve your knowledge and scores.

Q

How to crack SBI Clerk 2020 exam?

Banking, Finance & Insurance 0 Answers

Q

What is GST ?

Banking, Finance & Insurance 2 Answers

Q

What are the type of Tax ?

Banking, Finance & Insurance 1 Answers

Q

What are the types of ?

Banking, Finance & Insurance 2 Answers

Q

What is ERP?

Banking, Finance & Insurance 0 Answers