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    Question

    According to the Economic Survey 2024‑25, the

    cumulative policy repo rate hike between May 2023 and February 2024 was 0 basis points (i.e., no increase).
    A 50 bps Correct Answer Incorrect Answer
    B 100 bps Correct Answer Incorrect Answer
    C 0 bps Correct Answer Incorrect Answer
    D 150 bps Correct Answer Incorrect Answer
    E =200 bps Correct Answer Incorrect Answer

    Solution

    The repo rate had already been raised to 6.50% by February 2023, and remained unchanged throughout 2023 and up to February 2024.

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