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What is the revised Repo rate as per the second bi-monthly monetary policy rates 2019-20?
  • a)
    6.00%
  • b)
    5.25%
  • c)
    5.50%
  • d)
    5.75%
  • e)
    None of these
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
What is the revised Repo rate as per the second bi-monthly monetary po...
The Reserve Bank of India (RBI) announced its second Bi-Monthly Monetary Policy Rates for 2019-20 in Mumbai on June 6, 2019. The three-day policy review meeting by the six members of Monetary Policy Committee (MPC) was headed by RBI Governor Shaktikanta Das with the members Dr Chetan Ghate, Dr Pami Dua, Dr Ravindra H. Dholakia, Dr Michael Debabrata Patra, Dr Viral V Acharya. The next monetary policy statement is scheduled from August 5-7, 2019.
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What is the revised Repo rate as per the second bi-monthly monetary policy rates 2019-20?a)6.00%b)5.25%c)5.50%d)5.75%e)None of theseCorrect answer is option 'D'. Can you explain this answer?
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