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.
Launched: 11 October 2014 Main Objective: Provide insurance cover to rabi and kharif crops and financial support to farmers in case of damage of crops. In order to make crop insurance simpler and cheaper for the farmers and to provide them with better...Read more
Launched: 25 June 2015Main Objective: Achieve housing for all by the year 2022, 2 crore in Urban and 3 Crore homes in Rural areas. Pradhan Mantri Awas Yojana is an ambitious scheme of Narendra Modi Government. Under the PMAY, the government aims to provide...Read more