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The RBI Monetary Policy Committee ( MPC ) has hiked the repo rate by 25 basis points . The Standing Deposit Facility and Marginal Standing Facility have also been increased by 25 bps . The MPC has raised the repo rate by a total of 250 basis points since May 2022. . RBI will remain focused on the withdrawal of accommodation after this revision too . The rates after revision are as follows - Inflation in the next fiscal year is expected to be 5.3 per cent for 2023-2024, with Q1 at 5 per cent, Q2 at 5.4 percent, Q3 at 5.4 per cent and Q4 at 5.6 per cent. RBI has pegged real GDP growth for FY24 at 6.4 per cent while growth for FY23 has been pegged at 7 per cent. The MPC has forecast Q1FY24 growth at 7.8 per cent, Q2 at 6.2 percent, Q3 at 6 per cent and Q4 at 5.8 per cent.
Which of the following is the correct descending order of nitrate ion (NO3 ͞ ), chloride ion (CI ͞ ), bromide ion (Br ͞ ) and iodide ion ...
In which of the following work the drone is not used in Agriculture sector?
Which bank has submitted an application to the Monetary Authority of Singapore for a banking license?
The Uttar Pradesh Government has made it mandatory for all students and teachers in madrasas of the state to sing ______ before commencing classes as pe...
How many of the following members from Rajya Sabha are there in Public Accounts Committee?
Who among the following was the last Mauryan ruler and was killed by his commander-in-chief?
‘Myopia’ is also known as:
RBI has revised the ATM interchange fees in June 2021 from Rs 15 to?
Which of the following statements is true?
Statement I: Indian techniques such as Rasa and Bhawa in classical dances have their origins in Bharat...