Multiple Choice Questions on Reserve Bank of India has reduced the policy repo rate in its 3rd Bi monthly policy to ........ for General Knowledge ( All Exams) Preparation

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Multiple Choice Questions

Reserve Bank of India has reduced the policy repo rate in its 3rd Bi monthly policy to ........

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    Reserve Bank of India has reduced the policy repo rate in its 3rd Bi-monthly policy to?

    5.15%

    Incorrect Answer

    5.40%

    Correct Answer

    5.65%

    Incorrect Answer

    6.9%

    Incorrect Answer
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    Explanation:

    The repo rate under the liquidity adjustment facility (LAF) was reduced from 5.75% to 5.40%. The benchmark rate is now at its lowest since April 2010.

    By: Bhupinder Saini
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