Current Affairs Exam  >  Current Affairs Questions  >  With reference to the monetary policy transmi... Start Learning for Free
With reference to the monetary policy transmission, consider the following statements:
1. The repo rate has been cut by 115 bps since March 2020.
2. Weighted Average Domestic Term Deposit Rate increased by 81 bps during 2020-21.
Which of the statements given above is/are correct?        
  • a)
    1 only        
  • b)
    2 only        
  • c)
    Both 1 and 2        
  • d)
    Neither 1 nor 2
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
With reference to the monetary policy transmission, consider the follo...
The monetary policy was significantly eased from March 2020 onwards owing to the unprecedented COVID 19 pandemic and remained accommodative in 2020, states the Economic Survey 2020-21.
  • The repo rate has been cut by 115 bps since March 2020, with 75 bps cut in first Monetary Policy Committee (MPC) meeting in March 2020 and 40 bps cut in second meeting in May 2020.
  • Also, Systemic liquidity in 2020-21 remained in surplus while RBI undertook various conventional and unconventional measures to manage liquidity situation in the economy.
  • This year saw improvement in transmission of policy repo rates to deposit and lending rates, as reflected in the decline of 94 bps and 67 bps in Weighted Average Lending Rate on fresh rupee loans and outstanding rupee loans respectively from March 2020 to November 2020.
  • Similarly, the Weighted Average Domestic Term Deposit Rate declined by 81 bps during the same period.
View all questions of this test
Explore Courses for Current Affairs exam

Top Courses for Current Affairs

With reference to the monetary policy transmission, consider the following statements:1. The repo rate has been cut by 115 bps since March 2020.2. Weighted Average Domestic Term Deposit Rate increased by 81 bps during 2020-21.Which of the statements given above is/are correct? a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?
Question Description
With reference to the monetary policy transmission, consider the following statements:1. The repo rate has been cut by 115 bps since March 2020.2. Weighted Average Domestic Term Deposit Rate increased by 81 bps during 2020-21.Which of the statements given above is/are correct? a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about With reference to the monetary policy transmission, consider the following statements:1. The repo rate has been cut by 115 bps since March 2020.2. Weighted Average Domestic Term Deposit Rate increased by 81 bps during 2020-21.Which of the statements given above is/are correct? a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the monetary policy transmission, consider the following statements:1. The repo rate has been cut by 115 bps since March 2020.2. Weighted Average Domestic Term Deposit Rate increased by 81 bps during 2020-21.Which of the statements given above is/are correct? a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?.
Solutions for With reference to the monetary policy transmission, consider the following statements:1. The repo rate has been cut by 115 bps since March 2020.2. Weighted Average Domestic Term Deposit Rate increased by 81 bps during 2020-21.Which of the statements given above is/are correct? a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'A'. 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 With reference to the monetary policy transmission, consider the following statements:1. The repo rate has been cut by 115 bps since March 2020.2. Weighted Average Domestic Term Deposit Rate increased by 81 bps during 2020-21.Which of the statements given above is/are correct? a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of With reference to the monetary policy transmission, consider the following statements:1. The repo rate has been cut by 115 bps since March 2020.2. Weighted Average Domestic Term Deposit Rate increased by 81 bps during 2020-21.Which of the statements given above is/are correct? a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?, a detailed solution for With reference to the monetary policy transmission, consider the following statements:1. The repo rate has been cut by 115 bps since March 2020.2. Weighted Average Domestic Term Deposit Rate increased by 81 bps during 2020-21.Which of the statements given above is/are correct? a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of With reference to the monetary policy transmission, consider the following statements:1. The repo rate has been cut by 115 bps since March 2020.2. Weighted Average Domestic Term Deposit Rate increased by 81 bps during 2020-21.Which of the statements given above is/are correct? a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice With reference to the monetary policy transmission, consider the following statements:1. The repo rate has been cut by 115 bps since March 2020.2. Weighted Average Domestic Term Deposit Rate increased by 81 bps during 2020-21.Which of the statements given above is/are correct? a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'A'. 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