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A REPO or repurchase agreement is a form of short-term ________ by the central bank.

April 7, 2024April 7, 2024 CSS MPT Banking MCQs Quiz

(A) borrowing
(B) savings
(C) investment
(D) adjustment

The answer is: (A) borrowing

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Which banking service enables customers to make fixed payments at regular intervals?
What is the function of a central bank (or a state bank)?

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