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Repo rate

 

    • Posted by Himanshi Bisht 9 years ago

    CBSE > Class 12 > Business Studies
    • 1 answers

    Shruti Dadhwal 9 years ago

    Repo rate is the rate at which the central bank of a country lends money to commercial banks in the event of short fall of fund.Repo rate is used by monetary authorities to control inflation.

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