What has the Monetary Policy Committee of the Reserve Bank of India set the repo rate at?
A) 6.25%
B) 6.0%
C) 6.5%
D) 5.75%
Answer : B
Description :
Taking into account the ongoing global trade wars and rising uncertainties, the RBI’s Monetary Policy Committee has cut the repo rate by 25 basis points, bringing it down to 6.0%. The GDP growth forecast for FY2026 has also been revised from 6.7% to 6.5%. The RBI Governor noted potential risks to economic growth and exports due to new tariff measures, although inflation risks remain limited owing to declining commodity and crude oil prices.
Related Questions - 1
The new Pamban Rail Bridge connects which island to the mainland?
A) Sriharikota
B) Lakshadweep
C) Rameswaram
D) Andaman
Related Questions - 2
In which city was the state-of-the-art "Black Box Lab" equipped with DFDR and CVR recently inaugurated?
A) Bengaluru
B) Mumbai
C) New Delhi
D) Hyderabad
Related Questions - 3
Which Japanese mathematician was recently awarded the 2025 Abel Prize?
A) Hiyoshi Takegawa
B) Masaki Kashiwara
C) Shinichi Mochizuki
D) Koshi Matsumoto
Related Questions - 4
Who inaugurated the Mumbai International Cruise Terminal (MICT) on 21 April 2025?
A) Nitin Gadkari
B) Hardeep Singh Puri
C) Sarbananda Sonowal
D) Jyotiraditya Scindia
Related Questions - 5
On which date is National Safe Motherhood Day observed every year in India?
A) 9 April
B) 10 April
C) 11 April
D) 12 April