On which of the following rates , Reserve Bank of India purchases the Other Commercial Papers and Rediscount Bills of exchange from the Banks?

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Question:On which of the following rates , Reserve Bank of India purchases the Other Commercial Papers and Rediscount Bills of exchange from the Banks?

1.Repo Rate

2.Reverse Repo Rate

3.Bank Rate

4.Base Rate

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  1. On which of the following rates , Reserve Bank of India purchases the Other Commercial Papers and Rediscount Bills of exchange from the Banks?
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