Question
As per the latest MPC decision (Aug 2025), what is the
current policy repo rate?Solution
The Monetary Policy Committee (MPC) of RBI decided to keep the policy repo rate at 5.50%. The repo rate is the rate at which RBI lends to commercial banks, influencing borrowing costs across the economy. Maintaining the rate supports growth while aiming to keep CPI inflation within the 4% target band (+/- 2%).
Under the BNSS, 2023, who is empowered to issue a proclamation requiring an absconding person to appear?
In which of the following situations would the act amount to "murder" under the Bharatiya Nyaya Sanhita, 2023?
Under the Specific Relief Act, 1963, specific performance can be refused by the court when:
Following mediation in a consumer dispute, if the parties reach an agreement on all or some of the issues involved, what is required for the terms of su...
What are the conditions subject to which a company may accept deposits from its members?
Acceptance to be a valid acceptance _______________
Which of the following best describes the new provision in BNSS regarding trials in electronic mode?
When is the risk in goods deemed to have passed from the seller to the buyer in a sale of goods?
______________________ as per the IBC means a person to whom an operational debt is owed and includes any person to whom such debt has been legally assi...
Under which section it is provided that in all civil proceedings the husband or wife of any party to the suit shall be a competent witness?
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