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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