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The RBI Monetary Policy Committee (MPC) decided to hike the repo rate by 50 basis points. In the current financial year, the RBI has raised the repo rate by 190 bps. RBI will remain focused on withdrawal of accommodation after this revision too.The rates after revision are as follows- Repo Rate 5.9 % Standing Deposit Facility (SDF) 5.65% Marginal Standing Facility Rate 6.15% Bank Rate 6.15% Fixed Reverse Repo Rate 3.35% CRR 4.50% SLR 18.00% The MPC panel also cut its gross domestic product (GDP) growth forecast for FY23 to 7% from 7.2%, with Q2 at 6.3%, Q3 at 4.6% and Q4 at 4.6%. The Reserve Bank retained its inflation projection for current fiscal year at 6.7 per cent amid global geopolitical developments triggered by the Russia-Ukraine war. For the September quarter of 2022-23, RBI projected retail inflation at 7.1 per cent. For third quarter, inflation is estimated at 6.5 percent and further down to 5.8 per cent in March quarter. For first quarter of next fiscal year, retail inflation is projected at 5 percent.
Which one of the FOLLOWING does not obey Mendel's law
Which of the following is NOT a part of 'risk analyses?
Cotton is a soft, fluffy staple fiber that grows in a boll, or protective case, around the seeds of the cotton plants of the genus Gossypium. Cotton be...
What natural openings on the edges of leaves serve as entry points for bacterial pathogens such as Xanthomonas citri (black rot of cabbage)?
What will be the Land equivalent ration when sole crop yield is 50 & 40 q/ha and intercrop yield is 20 q/ha and 10 q/ha in intercropping system?
Following is the market, Which is classified on the basis of degree of competition
The flavor of ripened banana is due to which compound
. Match the following:
(a) Spoken 1. Folder
(b) Written 2. Tape...
Which of the following is not a function of Auxin?
Which of the following is temperate crop/fruit?