Current Affairs - Finance - Discussion

Discussion :: Finance - Latest Current Affairs (Q.No.4)

4. 

Monetary Policy Committee (MPC) has decided to reduce the policy repo rate, what is the rate now?

[A]. 5.15%
[B]. 5.40%
[C]. 5.55%
[D]. 5.40%

Answer: Option A

Explanation:

Monetary Policy Committee has decided to reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points to 5.15 % from 5.40 %.

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