* Repo is an agreement where the seller of a security agrees to buy it back from the lender at a higher price on a future date. * This agreement is made between RBI and commercial banks. Here, commercial banks borrow from RBI.

Repo Rate

Question

Repo Rate

✓

Answer

Repo is an agreement where the seller of a security agrees to buy it back from the lender at a higher price on a future date.
This agreement is made between RBI and commercial banks. Here, commercial banks borrow from RBI.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "Explain the following term/concept in detail:" from Financial Market→Financial Market — all question types→Secretarial Practice STD 12 Commerce / Arts question papers→Maharashtra Board STD 12 Commerce / Arts question papers→Maharashtra Board question paper generator→

Financial Market — Secretarial Practice STD 12 Commerce / Arts — Question

Answer

Need a full question paper?

Explore more

Similar questions