Question
What is the current repo rate as decided by the Reserve
Bank of India (RBI) in its latest Monetary Policy Committee (Dec 2024) review?Solution
The Reserve Bank of India (RBI) decided to maintain the repo rate at 6.5% for the 11th consecutive review. The Monetary Policy Committee (MPC) took this decision to balance the dual objectives of controlling inflation, which rose to 6.2% in October, and supporting economic growth. The neutral stance of the MPC ensures flexibility to respond to emerging economic challenges.
'CIBIL Rank' for MSMEs (CIBIL MSME Rank) is provided on a scale of:Â
What is the 'Margin' in the context of a bank loan?Â
What initiative was launched by SIDBI in 2018 to track the current state and expected outlook on the MSME sector?
Which organization provides credit insurance to Indian exporters?Â
What does a 'Zero-Coupon Bond' mean?Â
Under the Kisan Credit Card (KCC) scheme, the 'Scale of Finance' for a crop is decided by:Â
Under the prompt corrective action (PCA) framework, which of the following parameters is NOT monitored by the RBI?Â
What is 'Countercyclical Capital Buffer' (CCyB)?Â
'Rights Issue' of shares refers to:Â
As per IRAC (Income Recognition and Asset Classification) norms, an asset is classified as a 'Loss Asset' when:Â
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