The Reserve Bank of India (RBI) has announced the second set of measures to preserve financial stability and help put money in the hands of the needy and disadvantaged during the extended lockdown due to the COVID-19 crisis. Reverse repo rate has been reduced by how many basis points from 4.0%?
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Q:
The Reserve Bank of India (RBI) has announced the second set of measures to preserve financial stability and help put money in the hands of the needy and disadvantaged during the extended lockdown due to the COVID-19 crisis. Reverse repo rate has been reduced by how many basis points from 4.0%?
- 120 basis pointsfalse
- 225 basis pointstrue
- 335 basis pointsfalse
- 450 basis pointsfalse
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