Question :
A) 6.00%
B) 6.25%
C) 6.50%
D) 6.75%
Answer : B
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
Which Indian-American musician has recently won the Grammy Award 2025?
A) Chandrika Tandon
B) Preeti Patel
C) Anwar Ali
D) Ajay Bajaj
Related Questions - 2
Who was recently honored with the title of Honorary Knighthood in the UK?
A) Amit Shah
B) Raghuram Rajan
C) N. Chandrasekaran
D) Arvind Kejriwal
Related Questions - 3
The 'Prani Mitra' National Award, recently in the news, is given for excellence in which field?
A) Forest Conservation
B) Animal Welfare
C) Science and Technology
D) Social Service
Related Questions - 4
In which country was India's new consulate recently inaugurated?
A) France
B) Germany
C) Argentina
D) Brazil
Related Questions - 5
On which of the following days is National Youth Day celebrated every year?
A) 9 January
B) 10 January
C) 11 January
D) 12 January