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%.Solution
Statement 1 is correct because it accurately reflects the prediction made by the State Bank of India's economic research department regarding the RBI's policy stance. Statement 2 is correct because it details the actual decline in U.S. inflation and the potential impact on Fed rate decisions. Statement 3 is incorrect because although members Ashima Goyal and Jayant Varma argued for a 25 basis points repo rate cut, they were outvoted, and the rate remained at 6.5%.
Select the correct mirror image of the given figure when the mirror is placed to the right side of the f igure .
Select the number from among the given options that can replace the question mark (?) in the following series.
99, 123, 150, 180, 213, ?
Select the option that will come next in the following figure series.
In a certain code language, ‘SILK’ is written as ‘TIML’ and ‘INSECT’ is written as ‘IOTEDU’. How will ‘CHANGE’ be written in that la...
If in a code language, 'HOME' is written as 'LROF' and 'EYE' is written as 'HAF' and 'SO' is written as 'UP', how will 'HOUSE' be written in that language?
Seven boxes A, C, E, G, I, K, and M are kept one over the other but not necessarily in the same order. Exactly five boxes are kept between E and C. G is...
In a code language, 'VEIN' is coded as XGKP and 'BONE' is coded as DQPG. How will 'CHIN' be coded in the same language?
In a certain code language, 'ABSENCE is written as 'DWVZQXH and 'SERVICE' is written as 'VZUQLXH'. How will 'CONSENT' be written in that language?
Select the number from among the given options that can replace the question mark (?) and continue the given series.
6, 27, 128, 629, ?
Which two signs should be interchanged to make the given equation correct?
912 – 456 × 28 + 390 ÷ 2 = 444
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