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Answer : 3. "6.5%"
At what percentage has RBI kept the repo rate unchanged for the sixth consecutive time?
5Q:
At what percentage has RBI kept the repo rate unchanged for the sixth consecutive time?
- 16.0%false
- 26.25%false
- 36.5%true
- 46.75%false
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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.