what is repo rate?
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Answer Posted / anurag
Repo rate is the rate at which RBI lends money from
banks.There are two purposes for this
1. To control the floating money in the market to control
inflation.
2. For the purpose of security .
| Is This Answer Correct ? | 3 Yes | 3 No |
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Dear All, myself B.k Singh graduate with B.Com and PGDBM - Finance, I was worked with Service Company for 6 yrs.Now past 2yrs working with Real Estate,moreover I want to some course short term, plz guide me.
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