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  • Mixed General Knowledge Quiz
  • What was the Reverse Repo rate in June 2011?
Multiple choice

What was the Reverse Repo rate in June 2011?

  1. 6.75%

  2. 6.5%

  3. 7%

  4. 7.5%

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

The Reverse Repo rate in June 2011 was 6.5%. Reverse repo rate is the rate at which RBI borrows money from banks, and is a key monetary policy tool used to control liquidity and inflation in the economy.

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