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Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 177)
2023-10-07 Economy
177.
Which of the following is not a key takeaway from the recent RBI monetary policy announcement?
The RBI is committed to achieving a durable 4% inflation target.
The RBI has retained benchmark interest rates unchanged for the fourth consecutive meeting.
The RBI is steadfastly dedicated to realigning inflation with the 4% target.
The RBI has adopted a majority decision to cut interest rates.
Answer: Option
Explanation:
The RBI has not announced any interest rate cuts in its recent monetary policy announcement. On the contrary, RBI Governor Shaktikanta Das emphasized the central bank’s commitment to achieving a durable 4% inflation target while keeping benchmark interest rates unchanged for the fourth consecutive meeting.
Discussion:
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