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what is the difference between repo rate and bank or
discount rate ?
and
as discount rate are determined by central bank is repo rate
is determined by MPC monitary policy comittee?

Question Posted / jitesh patle

Answer Posted / jitesh patle

IN CASE OF REPO RATE COMMERCIAL BANK HAS TO SELL SECURITIES
TO RBI AND BORROW MONEY WHEREAS IN CASE OF BANK RATE THERE
IS NO SALE OF SECURITIES.

Is This Answer Correct ?    84 Yes 12 No



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