Current Affairs Exam  >  Current Affairs Questions  >  What is the current repo rate, as per the 3rd... Start Learning for Free
What is the current repo rate, as per the 3rd bi-monthly policy, released by RBI?
  • a)
    6.32
  • b)
    6.50
  • c)
    6.75
  • d)
    7.20
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
What is the current repo rate, as per the 3rd bi-monthly policy, relea...
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) hiked policy repo rate by 25 basis points to 6.50% in its third bi-monthly monetary policy review of 2018-19. Repo rate is the rate at which the RBI lends money to commercial banks in the event of any shortfall of funds. Reverse repo rate, the rate at which the Reserve Bank borrows money from commercial banks within the country, was adjusted to 6.25%. Accordingly, the Marginal Standing Facility (MSF) rate and the Bank Rate too stand adjusted at 6.75%. This time too, RBI has maintained neutral stance with an objective of achieving the medium-term target for headline inflation of 4 per cent while supporting growth.
View all questions of this test
Explore Courses for Current Affairs exam

Top Courses for Current Affairs

What is the current repo rate, as per the 3rd bi-monthly policy, released by RBI?a)6.32b)6.50c)6.75d)7.20Correct answer is option 'B'. Can you explain this answer?
Question Description
What is the current repo rate, as per the 3rd bi-monthly policy, released by RBI?a)6.32b)6.50c)6.75d)7.20Correct answer is option 'B'. Can you explain this answer? for Current Affairs 2025 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about What is the current repo rate, as per the 3rd bi-monthly policy, released by RBI?a)6.32b)6.50c)6.75d)7.20Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Current Affairs 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the current repo rate, as per the 3rd bi-monthly policy, released by RBI?a)6.32b)6.50c)6.75d)7.20Correct answer is option 'B'. Can you explain this answer?.
Solutions for What is the current repo rate, as per the 3rd bi-monthly policy, released by RBI?a)6.32b)6.50c)6.75d)7.20Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Current Affairs. Download more important topics, notes, lectures and mock test series for Current Affairs Exam by signing up for free.
Here you can find the meaning of What is the current repo rate, as per the 3rd bi-monthly policy, released by RBI?a)6.32b)6.50c)6.75d)7.20Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of What is the current repo rate, as per the 3rd bi-monthly policy, released by RBI?a)6.32b)6.50c)6.75d)7.20Correct answer is option 'B'. Can you explain this answer?, a detailed solution for What is the current repo rate, as per the 3rd bi-monthly policy, released by RBI?a)6.32b)6.50c)6.75d)7.20Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of What is the current repo rate, as per the 3rd bi-monthly policy, released by RBI?a)6.32b)6.50c)6.75d)7.20Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice What is the current repo rate, as per the 3rd bi-monthly policy, released by RBI?a)6.32b)6.50c)6.75d)7.20Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice Current Affairs tests.
Explore Courses for Current Affairs exam

Top Courses for Current Affairs

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev