Reverse Repo rate is linked to repo rate in the following way :

CA Foundation · Business Economics · PYQS · September 2024
Reverse Repo rate is linked to repo rate in the following way :
(A) A. Reverse Repo Rate = Repo Rate - 1
(B) B. Reverse Repo Rate = Repo Rate + 1
(C) C. Reverse Repo Rate = Repo Rate × 0.1%
(D) D. Reverse Repo Rate = Repo Rate × 0.01%

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. Reverse Repo Rate = Repo Rate - 1

Topics: Money Market

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic