5th bi-monthly monetary policy Current Affairs, GK & News
On Wednesday, 8th January 2020, the Washington D.C based international financial institution, World Bank has lowered India’s growth rate to 5 percent for the Financial Year (FY) 2019-2020 from the earlier projected growth rate of 6 percent, following the projection of 5 percent growth rate by both the India’s central bank- the Reserve Bank of ..
Topics: 2020 Global Economic Prospects • 5th bi-monthly monetary policy • Bi-monthly monetary policy • Government of India • Ministry of Statistics and Programme Implementation • Reserve Bank of India • Washington D.C • World Bank
The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) headed by the Governor of RBI, Shaktikant Das, voted unanimously to keep the policy rate unchanged and announced the 5th bi-monthly monetary policy of 2019-20 on Thursday, 5th December 2019. Highlights from the 5th bi-monthly monetary policy: The earlier projected GDP growth ..
Category: Economy & Banking Current Affairs
Topics: 5th bi-monthly monetary policy • 6th bi-monthly monetary policy • Bank rate • Consumer Price inflation • Governor of RBI • Monetary Policy Committee • Repo Rate • Reserve Bank of India • Shaktikant Das