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
Who recently secured a decisive victory in Ecuador’s presidential elections?
A) Luisa González
B) Rafael Correa
C) Daniel Noboa
D) Guillermo Lasso
Related Questions - 2
Who has been appointed as the Chairperson of the Athletes’ Commission of the Indian Weightlifting Federation?
A) Sakshi Malik
B) PV Sindhu
C) Mirabai Chanu
D) Vinesh Phogat
Related Questions - 3
How much budget has the Punjab government allocated for the Jhajjar-Bachauli Wildlife Sanctuary project?
A) ₹300 crore
B) ₹324 crore
C) ₹250 crore
D) ₹350 crore
Related Questions - 4
APEDA recently organized an agricultural and capacity-building workshop in collaboration with which state government?
A) Odisha
B) Rajasthan
C) Chhattisgarh
D) Jharkhand
Related Questions - 5
What does the Panchayat Unnati Index (PAI), launched by the Ministry of Panchayati Raj, evaluate?
A) Digital progress of state governments
B) Urban infrastructure development
C) Progress of Gram Panchayats
D) Performance of Members of Parliament