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Q:

At what percentage has RBI kept the repo rate unchanged for the sixth consecutive time?

  • 1
    6.0%
  • 2
    6.25%
  • 3
    6.5%
  • 4
    6.75%
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Answer : 3. "6.5%"
Explanation :

RBI did not make any change in the repo rate for the sixth consecutive time. All 6 members of the RBI MPC voted unanimously to keep the repo rate unchanged at 6.5%. Whereas the real GDP growth estimate for FY24 was maintained at 6.5%. Inflation projection for FY24 has also been retained at 5.4%. RBI Governor Shaktikanta Das revealed the decisions taken in the MPC meeting.

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