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is repo a substitute of discount rate?. to what extent you
agree with this statement.
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Answer / manik kakkar
no, repo rate is not subsitute of discount .it is the money which rbi lends to cemercial bank
to control inflation. its subsitute of interest rate .more the repo rate more the interest rate
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i finished my B.sc garment production and chemical processing .now i am pursuing mba finance.suppose if interviewer asks me why did u study mba finance after ur B.Sc, what to answer.
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