New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    The Monetary Policy Committee has maintained status quo

    on the policy repo rate keeping it unchanged at _____ in 2021-22?
    A 3% Correct Answer Incorrect Answer
    B 4% Correct Answer Incorrect Answer
    C 5% Correct Answer Incorrect Answer
    D 6% Correct Answer Incorrect Answer
    E 2% Correct Answer Incorrect Answer

    Solution

    After several rate cuts in 2019-20 and 2020-21, the repo rate was maintained at 4 % in 2021-22. The liquidity in the system remained in surplus throughout.

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