Staff Selection Commission General Awareness — Question 898
Question
Which of these institutions fixes the Repo Rate and the Reverse Repo Rate in India?
- Ministry of Finance
- State Bank of India
- Reserve Bank of India
- Comptroller and Auditor General of India
Correct answer
C — Reserve Bank of India
Explanation (English)
Asked in SSC CGL 2020. Correct answer: Reserve Bank of India.
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