What is the term for the interest rate at which the RBI lends money to commercial banks in India?
Question
Solution 1
The term for the interest rate at which the Reserve Bank of India (RBI) lends money to commercial banks in India is called the "Repo Rate".
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- The Reserve Bank of India (R Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI is a powerful AI-powered study tool designed to help you to solve study pro
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