Correct Answer: Reverse Repo Rate Repo rate is the rate at which RBI lends to its clients generally against government securities. ... ReverseRepo rate is the rate at which RBI borrows money from the commercial banks.
On the occasion of 140th birth anniversary of Sardar Vallabhbhai Patel on Saturday, PrimeMinister Narendra Modi pitched for “Ek Bharat, Shresth Bharat” scheme and said, “unity, peace andharmony was the first condition for India to achieve new heights of development&r...Read more
Prime Minister Narendra Modi launched the Saur Sujala Yojana that would provide solar poweredirrigation pumps to farmers at a subsidized price. It was launched in Chhattisgarh as part of the state’s16th foundation day celebrations. With this Chhattisgarh becomes the first state ...Read more
Prime Minister Narendra Modi has laid the foundation stone of Urja Ganga, the highly ambitious gaspipeline project in Varanasi, Uttar Pradesh. The gas pipeline project aims to provide piped cooking(PNG) gas to residents of the eastern region of the country and CNG gas for the vehicles...Read more