Question :

RBI has increased policy repo rate to how much?

A) 4.50
B) 4.70
C) 4.80
D) 4.90

Answer : D

Description :

The Reserve Bank of India's Monetary Policy Committee has voted unanimously to increase the policy repo rate by 50 bps to 4.90 percent. The standing deposit facility (SDF rate) also stands adjusted to 4.65% and the marginal standing facility (MSF rate) and bank rate to 5.15%.

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