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
Who has been recently appointed as PM Modi’s Principal Secretary-2?
A) Nripendra Misra
B) Ajay Bhalla
C) Shaktikanta Das
D) Rajeev Sinha
Related Questions - 2
With which institutions has TRIFED formed a strategic partnership to facilitate tribal businesses?
A) Meesho, IFCA, MGIRI
B) NABARD, SBI, NSIC
C) FSSAI, FICCI, MSME
D) SEBI, RBI, Tribes India
Related Questions - 3
At which airport did the Union Civil Aviation Minister inaugurate the ‘Udaan Yatri Café’?
A) Varanasi Airport
B) Patna Airport
C) Chennai Airport
D) Mumbai Airport
Related Questions - 4
Who inaugurated the 'Aadi Mahotsav 2025' in New Delhi?
A) Droupadi Murmu
B) Narendra Modi
C) Rajnath Singh
D) Amit Shah
Related Questions - 5
DPIIT has signed an agreement with which organization to boost India’s startup ecosystem?
A) Paytm
B) NITI Aayog
C) State Bank of India
D) SEBI