Q63: Which of the following is best described as: Mechanism or rate historically used by RBI for absorbing liq | UPSC EPFO APFC 2026
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Which of the following is best described as: Mechanism or rate historically used by RBI for absorbing liquidity from banks

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Question ID #27591 UPSC UPSC EPFO APFC 2026 Mock Test Series UPSC EPFO APFC 2026 Full-Length Mock Test 10 Medium

Which of the following is best described as: Mechanism or rate historically used by RBI for absorbing liquidity from banks

Correct Answer: A. Reverse repo
The correct answer is Reverse repo. Mechanism or rate historically used by RBI for absorbing liquidity from banks

Which of the following is best described as: Mechanism or rate historically used by RBI for absorbing liquidity from banks - MCQ Explanation

This question is useful for exam preparation because it provides direct multiple-choice practice with options, answer checking and explanation.

Correct answer: A. Reverse repo

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