Millionaire Mode

Reverse Repo Rate

Question 1 of 15

What is the primary function of the Reverse Repo Rate?

  1. To encourage banks to borrow money from the RBI.
  2. To discourage banks from borrowing money from the RBI.
  3. To maintain a stable inflation rate.
  4. To control the money supply in the economy.

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000