Question

    At what rate has the Reserve Bank of India kept the repo rate unchanged?

    A 6.20% Correct Answer Incorrect Answer
    B 6.50% Correct Answer Incorrect Answer
    C 6.05% Correct Answer Incorrect Answer
    D 6.25% Correct Answer Incorrect Answer

    Solution

    The Monetary Policy Committee of the Reserve Bank of India (RBI) has kept the policy repo rate unchanged at 6.5%. This is the third time in a row that the MPC has kept the repo rate unchanged. Earlier, there was no change in this in the meeting held in June 2023.

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