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Discussion

Find the wrong one:

  • A.Repo means Sale and Repurchase Agreement
  • B.Repo is a swap deal involving the immediate Sale of Securities and simultaneous purchase of those securities at a future date, at a predetermined price
  • C.Repo rate helps commercial banks to acquire funds from RBI by selling securities and also agreeing to repurchase at  a later date.
  • D.None of These

Answer: D

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