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Question { 14853 }

What is Repo?


Answer

Basically, repo is repurchase. In banking context, banks
borrow money from central bank (e.g. RBI) for a short
period requirement under repo.

Is This Answer Correct ?    2 Yes 0 No

Question { 12238 }

What is Credit Risk?


Answer

Credit Risk is the possibility of default in repayment of a
loan when it becomes due.

Is This Answer Correct ?    10 Yes 2 No