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GK MCQs Section

Page-5 of Repo Rate

RBI Sixth bi-monthly Monetary Policy Statement 2018-19: Key Facts

The important facts related to the RBI’s sixth bi-monthly monetary policy statement for 2018-19 is listed below: RBI has relaxed the CPI or retail inflation forecasts for India...

February 8, 2019

RBI lowers Repo Rate

The six-member monetary policy committee (MPC) headed by RBI Governor Shaktikanta Das has lowered the repo rate by 25 basis points to 6.25 per cent in a 4-2...

February 7, 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

What is a Contractionary Policy?

Contractionary Policy refers to the monetary policy which aims to slow down the economy by introducing a reduction in money supply for lesser money and investment. There are...

January 8, 2018

What is the meaning of Cash Reserve Ratio?

Cash Reserve Ratio is a specific amount of funds which the commercial banks have to keep with the Reserve Bank of India to ensure liquidity in the system....

December 21, 2017

RBI keeps repo rate unchanged at 6%

The six member Monetary Policy Committee (MPC) of Reserve Bank of India (RBI) has decided to maintain status quo in policy rates by keeping repo rate unchanged at...

December 6, 2017

RBI cuts repo rate by 25 basis point

Reserve Bank of India (RBI) has cut down repo rate by 25 basis points to 7.75 percent from 8 percent, with immediate effect. It was announced ahead of...

January 15, 2015

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