is repo a substitute of discount rate?. to what extent you agree with this sta

is repo a substitute of discount rate?. to what extent you
agree with this statement.

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is repo a substitute of discount rate?. to what extent you agree with this statement. ..

Answer / manik kakkar

no, repo rate is not subsitute of discount .it is the money which rbi lends to cemercial bank
to control inflation. its subsitute of interest rate .more the repo rate more the interest rate

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