Question

If RBI MPC announces its stance as “Neutral”, what does it mean?

      I.        They can Hike the “Repo rate”.

    II.        They can decrease the “Repo rate”.

   III.        They can keep the “Repo rate” unchanged.

A I only Correct Answer Incorrect Answer
B II and III only Correct Answer Incorrect Answer
C I and III only Correct Answer Incorrect Answer
D All of the above Correct Answer Incorrect Answer

Solution

yes, if RBI declares its stance as neutral, it can take all the above measures.

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