What is the new repo rate after the recent cut by RBI?
A) 6.00%
B) 6.25%
C) 6.50%
D) 6.75%
Answer : B
Description :
The Reserve Bank of India (RBI) cut the repo rate by 25 basis points (0.25%) to 6.25% on February 7. This reduction will make home, auto, and personal loans cheaper, providing relief in EMI payments. If inflation remains under control, further cuts may be possible, making borrowing even more affordable.
Related Questions - 1
Where was India’s first open-air art wall museum inaugurated?
A) New Delhi
B) Mumbai
C) Jaipur
D) Guwahati
Related Questions - 2
Which new digital platform has SEBI recently launched?
A) 'Mitra'
B) 'Sajag'
C) 'Samarth'
D) 'Rochak'
Related Questions - 3
In which country was India's new consulate recently inaugurated?
A) France
B) Germany
C) Argentina
D) Brazil
Related Questions - 4
Delhi International Leather Expo (DILEX) 2025 is organized in collaboration with which ministry?
A) Ministry of Finance, Government of India
B) Ministry of Commerce and Industry, Government of India
C) Reserve Bank of India (RBI)
D) NITI Aayog
Related Questions - 5
In which city is the Gopinath Bordoloi International Airport located, whose new terminal building design was recently unveiled?
A) Varanasi
B) Lucknow
C) Guwahati
D) Shillong