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    Question

    The RBI Monetary Policy Committee ( MPC ) has hiked the repo rate by 25 basis points to ______.

    A 6.50 percent Correct Answer Incorrect Answer
    B 6.75 percent Correct Answer Incorrect Answer
    C 7.12 percent Correct Answer Incorrect Answer
    D 7.50 percent Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The RBI Monetary Policy Committee ( MPC ) has hiked the repo rate by 25 basis points . The Standing Deposit Facility and Marginal Standing Facility have also been increased by 25 bps . The MPC has raised the repo rate by a total of 250 basis points since May 2022. RBI will remain focused on the withdrawal of accommodation after this revision too . The rates after revision are as follows -

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