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Which rate has been cut overall since February 2019 by 250 basis points in India?
A)
SLR
B)
Repo Rate
C)
Bank Rate
D)
Reverse Repo Rate

Correct Answer :   Repo Rate


The RBI Governor said repo rate has been cut overall since February 2019 by 250 basis points to alleviate liquidity stress and provide financial stability in the economy. The main aim behind the move was to tackle the economic growth slowdown.

Published On : July 18, 2021
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