What do we call the rate at which the Reserve Bank of India lends money to commercial banks?a.Repo Rateb.Reverse Repo Ratec.CRRd.SLR

The rate at which the Reserve Bank of India (RBI) lends money to commercial banks is known as the Repo Rate.

Here's a brief explanation of the options:

1. Repo Rate: This is the rate at which the RBI lends money to commercial banks, usually against government securities. It is a crucial tool used in monetary policy to regulate liquidity in the economy.

2. Reverse Repo Rate: This is the rate at which the RBI borrows money from commercial banks.

3. CRR (Cash Reserve Ratio): This is the percentage of a bank's total deposits that must be kept in reserve with the RBI in cash.

4. SLR (Statutory Liquidity Ratio): This is the minimum percentage of a bank's net demand and time liabilities that has to be maintained in the form of liquid cash, gold, or other securities.

Therefore, the correct answer is a. Repo Rate.