MCQ
Variable Rate Repo Auction MCQ - Practice Questions with Answers
Solve 2 Variable Rate Repo Auction questions for RAS/RPSC preparation.
Practice questions
Q1With reference to the RBI's three-day Variable Rate Repo auction, consider the following statements: 1. The auction window is from 10:00 AM to 10:30 AM on July 27, 2026. 2. The reversal is scheduled for Wednesday, July 29, 2026. Which of the statements given above is/are correct?
Explanation
Neither statement is correct. The auction window is 9:30 AM to 10:00 AM on July 27, 2026, and the reversal is scheduled for Thursday, July 30, 2026.
Q2With reference to the RBI's Variable Rate Repo auction announced on July 24, 2026, consider the following statements: 1. The notified amount is Rs 75,000 crore. 2. The auction has a tenor of three days. Which of the statements given above is/are correct?
Explanation
Both statements are correct. RBI notified Rs 75,000 crore for the Variable Rate Repo auction, and the stated tenor is three days.
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