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      Question

      In the first bi-monthly monetary policy statement for

      FY2026-27 (April 2026), the RBI’s Monetary Policy Committee (MPC) maintained the policy repo rate at 5.25%. What was the specific 'policy stance' adopted by the committee in this meeting?
      A Withdrawal of Accommodation Correct Answer Incorrect Answer
      B Neutral Correct Answer Incorrect Answer
      C Calibrated Tightening Correct Answer Incorrect Answer
      D Accommodative Correct Answer Incorrect Answer

      Solution

      In April 2026, the MPC retained the Neutral stance while keeping the repo rate unchanged at 5.25%, allowing flexibility amid global uncertainty and inflation risks.

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