Which of the following organization decides Repo Rate?
Answer: Option D
Solution(By Examveda Team)RBI decides Repo Rate. Repo rate is the rate at which RBI lends to its clients generally against government securities. Reduction in repo rate helps the commercial banks to get money at a cheaper rate and increase in repo rate discourages the commercial banks to get money as the rate increases and becomes expensive.
A. Standard life
B. Sub-standard life
C. Declined risk
D. Preferred risks
A. The limit for the same is fixed as a %age of total sum insured
B. All chronic diseases are covered without any exclusion
C. Both A & B
D. None of the above correct
A. Whether the job is office or field-based
B. The normal retirement age in relation to the job
C. Whether the job is in the public or private sector
D. Whether the job is manual or non-manual