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      Question

      In its first bi-monthly monetary policy meeting for FY

      2026-27 held in April 2026, the RBI Monetary Policy Committee (MPC) decided to:
      A Raise the Repo Rate by 25 bps to 5.50% Correct Answer Incorrect Answer
      B Keep the Repo Rate unchanged at 5.25% Correct Answer Incorrect Answer
      C Reduce the Repo Rate by 50 bps to 4.75% Correct Answer Incorrect Answer
      D Reduce the Repo Rate by 25 bps to 5.00% Correct Answer Incorrect Answer

      Solution

      As of the April 8, 2026 meeting, Governor Sanjay Malhotra announced that the MPC decided to keep the Repo Rate steady at 5.25%. This decision followed a 25 bps cut in the previous December 2025 meeting.

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