Question :
A) 6.25%
B) 6.50%
C) 6.75%
D) 7.00%
Answer : A
RBI has not made any change in the repo rate for the ninth consecutive time, what is the repo rate?
A) 6.25%
B) 6.50%
C) 6.75%
D) 7.00%
Answer : A
Description :
The Reserve Bank of India (RBI) has maintained the repo rate at 6.5% for the ninth consecutive time. Also, the central bank has kept the key interest rate unchanged. RBI Governor Shaktikanta Das revealed the decision after the three-day Monetary Policy Committee (MPC) meeting.
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