Rapid Revision Book 2024 (Science & Tech.) Prelims 2024.pdf
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Science and Technology Notes
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๐Consized Agriculture Notes
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*๐ฐ Economic Policy Quiz ๐น*
*In the context of Indian economy, what does the Repo Rate signify?*
(a) Interest rate at which commercial banks borrow money from the RBI โค๏ธ
(b) Interest rate at which RBI borrows money from commercial banks ๐๐ป
(c) Rate at which banks lend money to each other ๐๐ป
(d) Interest rate set by banks for loans to consumers ๐
*Answer With Emojis*
*In the context of Indian economy, what does the Repo Rate signify?*
(a) Interest rate at which commercial banks borrow money from the RBI โค๏ธ
(b) Interest rate at which RBI borrows money from commercial banks ๐๐ป
(c) Rate at which banks lend money to each other ๐๐ป
(d) Interest rate set by banks for loans to consumers ๐
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