Reverse Repo Rate is a state in which the Value of Money is Falling and the Prices are rising, over a period of time.
Reverse Repo Rate is a state in which the Value of Money is Falling and the Prices are rising, over a period of time.
When bank deposit it's excess money in RBI then RBI provides some interest to that bank. This interest is known as Reverse Repo Rate.
When bank deposit it's excess money in RBI then RBI provides some interest to that bank. This interest is known as Reverse Repo Rate.
When the money is borrowed or lent for more than a day up to 14 days it is called Reverse Repo Rate.
When the money is borrowed or lent for more than a day up to 14 days it is called Reverse Repo Rate.
When RBI provides a loan to the bank for short-term between 1 to 90 days, RBI takes some interest from the bank which is termed as Reverse Repo Rate.
When RBI provides a loan to the bank for short-term between 1 to 90 days, RBI takes some interest from the bank which is termed as Reverse Repo Rate.
Correct Answer:
When bank deposit it's excess money in RBI then RBI provides some interest to that bank. This interest is known as Reverse Repo Rate.
जब बैंक अपना अधिशेष धन आरबीआई में जमा करता है तो आरबीआई उस बैंक को कुछ ब्याज देता है। इस ब्याज को रिवर्स रेपो रेट के नाम से जाना जाता है।
