Banking Awareness

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Recently, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) cut the repo rate to ___________Per cent.

5.75

6.25

6.50

6.75

Explanation:

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) cut the repo rate by 25 basis points (bps) to 6.25 per cent, marking the first rate reduction in nearly five years.

By: Brijesh Kumar

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