Tight Monetary Policy Current Affairs, GK & News
The Reserve Bank of India (RBI) has announced the second bi-monthly monetary policy statement for 2019-20. The key decisions reflected in the Monetary Policy statement are: Repo rate reduced to 5.75 per cent from the current 6per cent. Similarly, the reverse repo rate under the Liquidity Adjustment Facility (LAF) stands adjusted to 5.5% and the ..
Category: Economy & Banking Current Affairs
Topics: Cash Reserve Ratio • CRR • LAF • Liquidity adjustment facility • Monetary Policy Committee • Neutral Monetary Policy • RBI • Repo Rate • Reserve Bank of India • Reverse Repo Rate • Tight Monetary Policy