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Consider the following statements. 1. The repo rate is the rate at which other banks borrow from the Reserve Bank of India. 2. A value of 1 for Gini Co-efficient in a country implies that there is perfectly equal income for everyone in its population. [CSE (Pre) 2007] Which of the statement(s) given above is /are correct?

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Consider the following statements. 1. The repo rate is the rate at which other banks borrow from the Reserve Bank of India. 2. A value of 1 for Gini Co-efficient in a country implies that there is perfectly equal income for everyone in its population. [CSE (Pre) 2007] Which of the statement(s) given above is /are correct?






 
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