Q49: Which statement best explains Reverse repo? | UPSC EPFO APFC 2026
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Which statement best explains Reverse repo?

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Question ID #26977

Which statement best explains Reverse repo?

Correct Answer: D. Mechanism or rate historically used by RBI for absorbing liquidity from banks

Which statement best explains Reverse repo? - MCQ Explanation

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

Correct answer: D. Mechanism or rate historically used by RBI for absorbing liquidity from banks

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