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?
Your result is as below :
June 12, 2025
June 11, 2025
June 10, 2025
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