If Repo Rate is 6%, then which among the following is correct about Reverse Repo and Marginal Standing Facility?
If Repo Rate is 6%, then which among the following is correct about Reverse Repo and Marginal Standing Facility?
[A]Reverse Repo Rate is 7% and Marginal Standing Facility is 8%
[B]Reverse Repo Rate is 5% and Marginal Standing Facility is 8%
[C]Reverse Repo Rate is 5% and Marginal Standing Facility is 7%
[D]Reverse Repo Rate is 8% and Marginal Standing Facility is 7%
Reverse Repo Rate is 5% and Marginal Standing Facility is 7%
If Repo Rate is X%, reverse repo rate is X-1% and MSF is X+1%.