To what basis points did RBI increase the repo rate on 7 December 2022?
A) 33 points
B) 38 points
C) 32 points
D) 35 points
Answer : D
Description :
The Reserve Bank of India (RBI) increased the repo rate by 35 basis points to 6.25% on December 7, 2022, for the fifth consecutive time. The key interest rate increased by a total of 190 basis points. Since June 2022, it has hiked by 50 basis points thrice and once by 40 basis points during an off-cycle meet in May 2022.
Related Questions - 1
Ministry of Housing & Urban Affairs has won which award in the Digital India Awards 2022?
A) Platinum Icon
B) Bronze Icon
C) Gold Icon
D) Silver Icon
Related Questions - 2
World Bank to finance which country with USD 250 million for environmental management?
A) Japan
B) Bangladesh
C) India
D) Pakistan
Related Questions - 3
When is the international day of People with disabilities celebrated?
A) 1 December
B) 25 November
C) 16 November
D) 3 December
Related Questions - 4
‘International Climate Club’ has been launched by which institution?
A) G-7
B) World Bank
C) G-20
D) SAARC
Related Questions - 5
BSF Raising Day Parade 2022 will be held in which state?
A) Haryana
B) Madhya Pradesh
C) Uttar Pradesh
D) Punjab