Consider the following statements regarding the Repo Rate:
Repo rate is the rate at which the Reserve Bank of India (RBI) lends money to commercial banks.
An increase in the repo rate generally aims to control inflation in the economy.
A decrease in the repo rate makes borrowing costlier for banks and reduces liquidity in the market.
Which of the above statements is/are correct?
April 16, 2025
April 15, 2025
April 14, 2025
B-36, Sector-C, Aliganj – Near Aliganj, Post Office Lucknow – 226024 (U.P.) India
vaidsicslucknow1@gmail.com
+91 8858209990, +91 9415011892
© www.vaidicslucknow.com. All Rights Reserved.