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The RBI Monetary Policy Committee (MPC) decided to hike the repo rate by 50 basis points. In the current financial year, the RBI has raised the repo rate by 190 bps. RBI will remain focused on withdrawal of accommodation after this revision too.The rates after revision are as follows- Repo Rate 5.9 % Standing Deposit Facility (SDF) 5.65% Marginal Standing Facility Rate 6.15% Bank Rate 6.15% Fixed Reverse Repo Rate 3.35% CRR 4.50% SLR 18.00% The MPC panel also cut its gross domestic product (GDP) growth forecast for FY23 to 7% from 7.2%, with Q2 at 6.3%, Q3 at 4.6% and Q4 at 4.6%. The Reserve Bank retained its inflation projection for current fiscal year at 6.7 per cent amid global geopolitical developments triggered by the Russia-Ukraine war. For the September quarter of 2022-23, RBI projected retail inflation at 7.1 per cent. For third quarter, inflation is estimated at 6.5 percent and further down to 5.8 per cent in March quarter. For first quarter of next fiscal year, retail inflation is projected at 5 percent.
In the question given below, a sentence is given with three blanks. Choose the correct combination of blanks that fit in the corresponding blanks. In t...
In the following question, a word is given followed by three pairs of statements. From the options given below, choose the one that provides the correc...
In the question below, a word is given, followed by four statements. From the options, choose the one that provides the combination of statements that ...
Identify the imperative sentence.
I was unwilling to go any further. I returned home.
(I) Returning home
(II) Though unwilling to return
(III) Unwilling to go
Select the phrase/connector (it must be at the start) from the given three alternatives which can be used to form a single sentence from the two senten...
Select the phrase/connector from the given three options which can be used to form a single sentence from the two sentences given below, implying the s...
In the question below, a conjunction is given that can be used to connect two sentences. You are provided with three pairs of sentences. Identify which...
(A) implementing flexible work policies,
(B) has become crucial for employee satisfaction,
(C) it helps accommodate diverse needs and pref...
In the following question, two statements and five connectors are given. Only one of the connectors from those given can be used to combine the given t...
