Banks borrow money from Reserve Bank of India to meet short term needs by selling securities to RBI with an agreement to repurchase the same at predetermined rate and date under the____ - Study24x7
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Banking/IRDA
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Banks borrow money from Reserve Bank of India to meet short term needs by selling securities to RBI with an agreement to repurchase the same at predetermined rate and date under the____

A

Initial Public Offer

B

Reverse Repo

C

Repo

D

Commercial Paper operations

Banking
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