Solved UPSC CDS/OTA Question
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Q · RBI and Its PoliciesMedium · 45s
Which of the following is true regarding the Reverse Repo Rate?
TopicRBI and Its Policies
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
The complete worked solution.
Every step explained - no skipped algebra.
All statements are correct. Reverse repo is used to absorb excess liquidity from banks.
Final Answer: Option D - All of the above