Question

    In RBI MPC August 2024, which rate was unchanged at

    6.75%?
    A Reverse Repo Rate Correct Answer Incorrect Answer
    B Repo Rate Correct Answer Incorrect Answer
    C MSF & Bank Rate Correct Answer Incorrect Answer
    D Cash Reserve Ratio Correct Answer Incorrect Answer
    E Statutory Liquidity Ratio Correct Answer Incorrect Answer

    Solution

    In the August 2024 Monetary Policy Committee (MPC) meeting, the Marginal Standing Facility (MSF) and Bank Rate were kept unchanged at 6.75%.

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