Current Affairs

GK MCQs Section

Topic: Bi-monthly monetary policy

RBI Monetary Policy Review- Highlights

Monetary Policy Committee (MPC) of the Reserve Bank of India, recently decided to increase the Policy Repo Rate by 50 basis points to 4.9 per cent in June...

June 9, 2022

RBI Monetary Policy Update

On February 10, 2022, RBI’s Monetary Policy Committee (MPC) kept key interest rates unchanged. It retained the accommodative stance in its first policy after Union Budget 2022. Key...

February 10, 2022

RBI Monetary Policy Committee Announcement- Highlights

Monetary Policy Committee (MPC) of Reserve Bank of India (RBI) announced its bi-monthly policy statement on December 8, 2021. Highlights In its policy statement, RBI has maintained status...

December 9, 2021

RBI Monetary Policy Committee Announcements

Three-membered Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) maintained an accommodative stance and kept the repo rate unchanged at 4 per cent, in order...

October 8, 2021

RBI Monetary Policy 2021

Reserve Bank of India (RBI) Unveiled its bi-monthly monetary policy and has kept the interest rates unchanged. Highlights Monetary policy opened a Rs 15,000-crore liquidity window for contact-intensive...

June 5, 2021

RBI conducts one-year and three-year tenor LTRO to reduce banks’ lending rates

The Reserve Bank of India is conducting one-year and three-year tenor LTRO to help banks to reduce their lending rates. In the latest bi-monthly policy review, it announced term...

March 4, 2020

RBI Monetary Policy – Repo rate remains 5.15%

The Reserve Bank of India (RBI) recently conducted its sixth bi-monthly Monetary policy committee (MPC) meeting and released the statement. The repo rate was left unchanged at 5.15%,...

February 6, 2020

World Bank lowers India’s FY 2019-20 Growth Estimate to 5%

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...

January 9, 2020

RBI introduces a New Type of Prepaid Payment Instrument (PPI)

The regulator of the entire banking system in India, the Reserve Bank of India (RBI) has introduced a new semi-closed type payment instrument system under the Prepaid Payment...

December 26, 2019

RBI fifth bi-monthly Monetary Policy released

The Reserve Bank of India on December 5, 2019, released its fifth bi-monthly monetary policy statement for the year 2019-20. Highlights According to the policy, the repo rate...

December 5, 2019

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