The Monetary Policy Committee (MPC) of the RBI decides on the policy repo rate. Decisions are made by a majority vote of the members present and voting. The repo rate is a crucial tool for managing inflation and economic growth.
RBI's Monetary Policy Committee in its meeting held from 7 April to 9 April, 2025 decided......................to reduce repo rate to...................... (1) by majority votes, 6 percent (2) unanimously, 6 percent (3) by majority votes, 7 percent (4) unanimously, 7 percent (5) Question not attempted
Asked in Research Assistant (Evaluation Dept.) 2024 · Topic: Money & Banking (Monetary Policy Committee (MPC): Structure, Mandate, and Functioning)
More Economic Development questions
- Who formulates the Monetary Policy of India?
- Which of the following committee proposed flexible inflation targeting ?
- Which of the following committee proposed flexible inflation targeting ? (a) Reddy’s Committee (b) Raghuram Rajan Committee (c) N.K. Singh Committee (d) Urjit Patel Committee
- Bank rate means :
- Which one of the following is not correct about Repo rate?
- The Cash Reserve Ratio refers to
- Which of the following policies help to raise interest rate unambiguously and thereby lead to appreciation of currency?
- Which of the following indicators is/are used to observe the monetary transmission mechanism in the economy? 1. Weighted average lending rate 2. Weighted average domestic term deposit rate 3. 1-year median MCLR 4. SDF rate Select the correct answer using the code given below.