Banking General Awareness Banking Regulation System of India Question Bank Banking Regulation System of India

  • question_answer
    The RBI policy rate which is purely an indicative rate used by the Reserve Bank of India to signal long term outlook on interest rates is                                [SBI PO 2014]

    A)  bank rate                   

    B)  repo rate

    C)  call money rate          

    D)  notice money rate

    E)  reverse repo rate

    Correct Answer: A

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