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the-interest-rate-at-which-the-rbi-lends-to-commercial-banks-in-the-short-term-to-maintain-liquidity-is-known-as

The interest rate at which the RBI lends to commercial banks in the short term to maintain liquidity is known as

A Bank rate

B Reverse repo rate

C Interest arte

D Repo rate

E None of the above

Answer & Explanation
Answer: Option [D]