Repo rate and Reverse Repo rate are related to which of the following?
- AGovernment's fiscal policy
- BGovernment public debt
- CImport and Export
- DCredit policy of the Reserve Bank
Solution & Step-by-step Explanation
Repo rate and Reverse Repo rate are quantitative tools utilized by the Reserve Bank of India (RBI) under its monetary and credit policy to regulate liquidity, money supply, and inflation in the economy.