What is the current repo rate as per 6th bi-monthly monetary policy announced on 8th February 2017?
A. 5.75%
B. 6.55%
C. 6.0%
D. 6.25%
Answer:D
What is the current repo rate as per 6th bi-monthly monetary policy announced on 8th February 2017?
A. 5.75% B. 6.55% C. 6.0% D. 6.25%
Explanation: Reserve Bank of India (RBI) has kept the repo rate under the Liquidity Adjustment Facility (LAF) unchanged at 6.25% in its 6th bi-monthly and last monetary policy for the financial year 2016-17. Check Detail Explanation at INDIA GK" App: tinyurl.com/IndiaGK