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
In which country was the statue of Tamil poet and philosopher Thiruvalluvar recently unveiled?
A) USA
B) Japan
C) Vietnam
D) Philippines
Related Questions - 2
Who recently resigned as the Chief Minister of Manipur?
A) N. Biren Singh
B) Hemant Soren
C) K. Balasubramanian
D) Bhajanlal Sharma
Related Questions - 3
Recently, DRDO and the Indian Navy successfully tested which new missile?
A) BrahMos Air-Launched Missile
B) Prithvi-III
C) Naval Anti-Ship Missile (NASM-SR)
D) Agni-V
Related Questions - 4
What is the main objective of the Aadhaar Governance Portal recently launched by the Central Government?
A) To simplify the Aadhaar enrollment process
B) To streamline the approval process for Aadhaar authentication requests
C) To provide new smart cards to Aadhaar cardholders
D) To make Aadhaar linking mandator
Related Questions - 5
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