The Reserve Bank of India (RBI) is the central bank and the monetary authority responsible for announcing the Repo Rate.
In India the Repo rate is announced by
Asked in WBPSC CS Prelims 2017 · Topic: Money & Banking (Monetary Policy: Objectives, Instruments (quantitative and qualitative), and Transmission Mechanism)
More Economic Development questions
- Which of the following would have inflationary effect on the economy? 1. RBI releasing new bonds in the market 2. RBI decreasing the SLR 3. RBI increasing the Bank Rate 4. Abolition of CRR
- Open-market operations of Reserve Bank of India refer to
- An increase in CRR by the Reserve Bank of India results in
- The interest rate at which the Reserve Bank of India lends to Commercial banks in the short-termto maintain liquidity is known as
- In the last one year i.e., June 2010 to June 2011, the difference between repo rate and reverse repo - rate is of the order of
- Bank rate means the rate of interest
- Which one of the following is not an objective of Monetary Policy ?
- In which of the following financial years the devaluation of rupee in India took place twice ?