How is Reverse repo best explained? | UPPSC HEO

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How is Reverse repo best explained?

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Question ID #24333

How is Reverse repo best explained?

Correct Answer: C. is used to absorb liquidity from banks under the traditional framework

Question: How is Reverse repo best explained?

A. refers to productive knowledge, skills and health embodied in people

B. is unemployed persons as a proportion of the labour force

C. is used to absorb liquidity from banks under the traditional framework

D. is a threshold used to identify minimum consumption or income needs

Correct Answer: C. is used to absorb liquidity from banks under the traditional framework

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How is Reverse repo best explained? - MCQ Explanation

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Correct answer: C. is used to absorb liquidity from banks under the traditional framework