Question

    What was the cut-off rate in RBI’s ₹1 trillion

    Variable Rate Reverse Repo (VRRR) auction on 8th July 2025? 
    A 5.45% Correct Answer Incorrect Answer
    B 5.47% Correct Answer Incorrect Answer
    C 5.40% Correct Answer Incorrect Answer
    D 5.43% Correct Answer Incorrect Answer
    E 5.50% Correct Answer Incorrect Answer

    Solution

    RBI conducted a VRRR auction for ₹1 trillion with a cut-off rate of 5.47%, amidst a system liquidity surplus of ₹4.04 trillion. 

    Practice Next