Open this file /etc/X11/xorg.conf .
Check for monitor section. A sample data will be like this
Code:
Section "Monitor"
Identifier "Monitor0"
VendorName "Philips"
ModelName "107E"
DisplaySize 360 270
HorizSync 30.0 - 70.0
VertRefresh 85
Option "dpms"
EndSection
You can modify your monitor refresh rate in the above section