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      Question

      What is the new Repo rate after RBI has announced to

      change the rate in recent MPC review from existing 4%?
      A 4.5% Correct Answer Incorrect Answer
      B 5% Correct Answer Incorrect Answer
      C 4.75% Correct Answer Incorrect Answer
      D 4.4% Correct Answer Incorrect Answer
      E 4.25% Correct Answer Incorrect Answer

      Solution

      The Reserve Bank of India (RBI) hiked key repo rate by 40 basis points (bps) to 4.40 per cent amid rising inflationary pressures in the economy.

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