Question : What is the meaning of reverse repo rate?

Option 1: The rate at which RBI borrows money from foreign banks.

Option 2: The rate at which RBI borrows money from commercial banks.

Option 3: The rate at which commercial banks borrow money from RBI.

Option 4: The rate at which commercial banks borrow money from foreign banks.

Question : The rate at which the RBI borrows from commercial banks is called:

Option 1: CRR

Option 2: SLR

Option 3: Repo rate

Option 4: Reverse repo rate

Question :  ___________ is the interest rate at which banks can borrow overnight funds from the Reserve Bank of India (RBI).

Option 1: Bank rate

Option 2: Repo rate

Option 3: Reverse repo rate

Option 4: Prime rate

Question :  ___________ is the rate at which the central bank borrows money from commercial banks.

Option 1: Repo rate

Option 2: Reverse repo rate

Option 3: Cash reserve ratio (CRR)

Option 4: Statutory liquidity ratio (SLR)

Question : The rate at which RBI gives short-term loans to commercial banks is called:

Option 1: repo rate

Option 2: reverse repo rate

Option 3: bank rate

Option 4: cash reserve rate