Repo rate banking awareness
The enhancement in the reverse repo rate is done with the primary objective to suck out excess money floating in the banking system to regulate the inflation rate. Recently, it has increased the reverse repo rate by 25 basis points and increased the earlier rate of 5.75 to 6%. Use this mock test https://testzone.smartkeeda.com/Test/Affiliate?AffId=SK0527. This video is also available in Hindi language, From 5 minutes after English