BANK Union Bank of India Local Bank Officer Mock Test 2024 Banking and Financial Awareness Basic Banking Concepts
What best describes repo rate as?
1
It is a rate at which RBI sell government securities to banks
2
It is a rate at which RBI buys government securities from banks
3
It is a rate at which RBI allows small loans
4
It is a rate which is offered by banks to their most valued customers or prime customers
5
None of the above