Question

    As per the meeting of the Monetary Policy Committee in

    Dec 2022, the Repo Rate is hiked by how many basis points?
    A 25 Correct Answer Incorrect Answer
    B 30 Correct Answer Incorrect Answer
    C 35 Correct Answer Incorrect Answer
    D 40 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The next meeting of the MPC is scheduled during February 6-8, 2023. Repo Rate hiked by 35 basis points to 6.25 per cent.

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