In its fourth Bi-monthly Monetary Policy Statement for 2018-19, the RBI fixed the Repo Rate at what percent?
A. 7.5 percent
B. 5.5 percent
C. 6.0 percent
D. 6.5 percent
Answer:D
In its fourth Bi-monthly Monetary Policy Statement for 2018-19, the RBI fixed the Repo Rate at what percent?
A. 7.5 percent B. 5.5 percent C. 6.0 percent D. 6.5 percent
Explanation: The Reserve Bank of India, in an unexpected move, decided to hold the repo rate at 6.5 percent. The MPC voted 5:1 and RBI committee shifted to 'calibrated tightening stance'........Check More at INDIA GK" App: tinyurl.com/IndiaGK