alleryStart learning →After the May 2011 policy statement, the reverse repo rate was set how far below the repo rate?
A25 basis points
B50 basis points
C100 basis points
D200 basis points
Answer & Solution
Correct answer: C. 100 basis points
From 3 May 2011 the reverse repo rate was linked to the repo rate at 100 basis points below it.
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