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Which rate is least frequently changed and reflects long-term monetary policy stance?

hard Q8 of 15
Banking Awareness - Basics Of Banking & Banking Terminology
Which rate is least frequently changed and reflects long-term monetary policy stance?
ARepo Rate
BReverse Repo Rate
CSLR
DBank Rate
Step-by-Step Solution

  1. Step 1: Identify long-term policy indicator

    The question asks about infrequent changes.

  2. Step 2: Recall RBI rate behavior

    Bank Rate is changed less frequently than Repo.

  3. Final Answer:

    Bank Rate → Option D

  4. Quick Check:

    Bank Rate reflects long-term stance ✅
Quick Trick: Long-term signal = Bank Rate.
Common Mistakes:
  • Assuming Repo Rate is long-term.
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