Multiple choice

Which of the following will RBI do, under REPO?

  1. Give loan to commercial banks

  2. Give loan to public

  3. Give loan to the government

  4. Give loan to students

  5. Take deposit from banks

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Yes, it is the correct choice. Under repurchase offer, RBI will give loans to commercial banks.