Multiple choice

The Reserve Bank of India increased the Statutory Liquidity Ratio (SLR) by 100 basis points recently while keeping other rates unchanged. Which of the following rates is incorrect?

  1. Statutory Liquidity Ratio - 25 per cent

  2. Repo Rate - 4.75 per cent

  3. Reverse Repo Rate - 3.25 per cent

  4. Bank Rate - 5.5 per cent

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

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