Rates of RBI

Current Affairs Question Today | PSC Current Affairs Question | Kerala PSC Current Affairs Question | UPSC Current Affairs Question | RRB Current Affairs Question | IAS Current Affairs Question | Current Affairs Question for all Competitive Exam

1. What is Current Riporate ?
Answer :- 8%
2. What is Current Cash Reverse Riporate ?
Answer :- 4%

• Repo rate :- It is the rate at which Reserve Bank of India lends money to commercial banks in the event of any shortfall of funds.
• Revesre Ripo rate :- It is the rate at which Reserve Bank of India borrows money from commercial banks within the country.