Whatis rapo rate and reserve rapo rate?

Question

monitry policy

Answer 1

Repo rate: The rate at which a loan is granted when an asset is given as collateral or security for the loan, and where the asset will be repossessed by the borrower to redeem the loan. A reduction in the repo rate will help banks to get money from the reserve bank at a cheaper rate. When the repo rate increases borrowing from reserve bank becomes more expensive

I think u meant reverse repo rate. (There isnt any like reserve rapo!)

A reverse repo rate is the interest rate earned by a bank for lending money to the RBI in exchange for Government securities. It is that interest rate on which Reserve Bank  takes loans from other Banks