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%.

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This question "If Repo Rate is 6%, then which among the following is correct about Reverse Repo and Marginal Standing Facility?" was published on GKToday on May 19, 2015 at 1:05 pm. For Current Affairs Questions Archive Click Here. For General Knowledge Questions Archive Click Here.

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