Current Affairs

GK MCQs Section
Q. What is the repo rate as of April 2023, after the Monetary Policy Committee Meeting?
Answer: 6.5 per cent
Notes: After raising repo rate in six consecutive policies, the Reserve Bank of India (RBI), decided to pause its rate hike cycle amid rising concerns over global financial stability. The Monetary Policy Committee decided to keep the policy repo rate unchanged at 6.5 per cent in this meeting.
Question Source: 📚This question is part of Daily Current Affairs 20 MCQs Series in GKToday Android Application. This series can be subscribed in the app only for Rs. 999/- for entire year. Download the app here.
📌 Question Number: 100 in Current Affairs Quiz - April, 2023 in the above course in App.