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Correct Answer: A
Correct Answer: A
Method / Topic: Economy
The correct option matches the accepted factual reference for this topic.
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Correct Answer: A
Method / Topic: Economy
The repo rate is an important monetary-policy rate used by the RBI to influence liquidity and borrowing costs in the banking system.
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Learn + Solve: Shortcut, Trap & Fast Route Click to view shortcut, steps, and common mistake
Shortcut used, common trap, and the fastest solving route
- Decide whether the question is static GK, current affairs, polity, history, geography, or science.
- Recall the exact fact or nearest anchor fact.
- Eliminate options that conflict with that fact.
The repo rate is the rate at which the Reserve Bank of India lends short-term funds to:
Explanation
Correct Answer: A
Method / Topic: Economy
The correct option matches the accepted factual reference for this topic.
Short Explanation
Detailed Explanation
Correct Answer: A
Method / Topic: Economy
The repo rate is an important monetary-policy rate used by the RBI to influence liquidity and borrowing costs in the banking system.
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