Question
Which of the following statements is/are correct regarding the RBI's policy stance and recent economic predictions? 1. State Bank of India's economic research department predicts the RBI will revisit its "withdrawal of accommodation" policy stance around September 2024. 2. June 2024 U.S. inflation declined by 0.1% (month-on-month), putting the 12-month rate at 3%, potentially leading to a Fed rate cut by September. 3. At the June 5-7, 2024 MPC meeting, members Ashima Goyal and Jayant Varma successfully argued for a 25 basis points repo rate cut, bringing the rate to 6.25%.
More BeePedia – Current Affairs Questions
- Which of the following is the primary function of the 'e-Sakshya' app launched by Union Home Minister Amit Shah?
- According to the ISFR 2023, which state recorded the highest increase in forest and tree cover?
- What is the maximum percentage of the paid-up share capital or voting rights that SBI Mutual Fund (SBI MF) is approved to acquire in Karur Vysya Bank?
- The proposed mineral trading exchange in India will function under the norms of which regulator?
- Which Indian private company handed over the first rear fuselage for the LCA Tejas Mk1A to HAL?
- Mintifi Finserve, an NBFC, was penalised by RBI for failing to upload KYC records to which registry within the prescribed timeline?
- Which bank has entered into a partnership with Wise, the global technology company specializing in moving and managing money around the world, to offer on...
- What was the net FDI inflow in India for April 2025, as per the RBI’s monthly bulletin?
- Under the “PM-CARES for Children” scheme a corpus of ____________ will be allocated to each of these children from the PM CARES fund.
- What is the name of the military exercise launched by China and Cambodia in 2025?
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)