On which of the following rates , Reserve Bank of India purchases the Other Commercial Papers and Rediscount Bills of exchange from the Banks?

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Question:
On which of the following rates , Reserve Bank of India purchases the Other Commercial Papers and Rediscount Bills of exchange from the Banks?

1.Repo Rate

2.Reverse Repo Rate

3.Bank Rate

4.Base Rate

Posted Date:-2021-06-25 13:57:45

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