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What is the current reverse repo rate of the Reserve Bank of India (RBI)?

1. 5.75%
2. 6.25%
3. 6.50%
4. 6.00%

Correct answer: 6.25%

Solution

The reverse repo rate is the rate at which the RBI borrows money from commercial banks. Among the given options, 6.25% is the correct rate.

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