Civil Engineering MCQJE Level Civil Engineering

the term 'repo rate': choose the correct option.

General AwarenessGeneral AwarenessMEDIUM

Choose the correct answer

A

rate of inflation

B

rate paid on savings deposits

C

rate at which RBI lends to banks

D

tax rate on exports

Correct Answer

C. rate at which RBI lends to banks

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rate at which RBI lends to banks is the correct association for the term 'repo rate'.

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This MCQ belongs to RRB JE Civil & Allied Engineering CBT-2 Full Mock Test Series. Full tests include timed attempts, rank comparison and subject-wise analysis.

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