Question

What is change in repo rate after recent MPC review in June?

Q: Answer-What is change in repo rate after recent MPC review in June?

The Reserve Bank of India RBI has increased the policy repo rate by 0.5 per cent or 50 basis points in the June MPC meeting. The policy rate as on June 2022 stands at 4.90 per cent.

A Increase in 50 basis point

B Decrease in 40 basis point

C decrease in 50 basis point

D increase in 40 basis point

E No changes

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