Current Affairs

GK MCQs Section

Topic: Monetary Policy review

National Housing Bank: Rs 10,000 crore Special Refinance Facility launched

The National Housing Bank recently launched the “Special Refinance Facility”, 2021. Rs 10,00 crores has been allocated to this facility. Special Refinance Facility, 2021 The main objective of...

April 14, 2021

RBI Monetary Policy

On April 7, 2021, the Monetary Policy Committee of Reserve Bank of India announced the outcome of its bi-monthly monetary policy review. Key Highlights The repo rate has...

April 7, 2021

RBI: CPI Inflation to ease from 4.8% to 4.4% in Q2

On April 9, 2020, the Reserve Bank of India projected that the consumer Price Index is to ease from 4.8% in Q1 to 4.4% in Q2 of the...

April 9, 2020

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

RBI Cuts Repo Rate

The Reserve Bank of India (RBI) in its monetary policy review undertaken by the Monetary Policy Committee (MPC) has made the following decisions: RBI cuts repo rate to 5.4%...

August 8, 2019

WPI Inflation Hits 10-Month Low

The Union Ministry of Commerce and Industries has released the data on WPI Inflation. The data makes the following observations: The WPI Inflation fell to a 10-month low...

February 15, 2019

Repo rate keeps unchanged at 6.5%

Reserve Bank of India (RBI) in its fifth bimonthly monetary policy review for financial year 2018-19 has decided to maintain status quo in policy rates by keeping repo...

December 6, 2018

RBI’s Monetary Policy Review: RBI Hikes Repo Rate to 6.25%

On June 6, 2018, the six members Monetary Policy Committee (MPC) of RBI has decided to hike Repo (short term lending rate) to 6.25% from 6.00%. As per...

June 6, 2018

RBI cuts repo rate by 25 bps to 6%

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has reduced short-term lending rate, or repo rate, by 25 basis points to 6%.  It was...

August 2, 2017

RBI Keeps the Repo Rate Unchanged

The Reserve Bank of India has kept repo rate unchanged at 6.25% in its second bi-monthly monetary policy review. Reverse Repo rate has been kept unchanged at 6%. The...

June 7, 2017

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