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On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today (April 8, 2022) decided to: keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 4.0 per cent. The marginal standing facility (MSF) rate and the Bank Rate remain unchanged at 4.25 per cent. The standing deposit facility (SDF) rate, which will now be the floor of the LAF corridor, will be at 4.75 per cent. The MPC also decided to remain accommodative while focusing on withdrawal of accommodation to ensure that inflation remains within the target going forward, while supporting growth. These decisions are in consonance with the objective of achieving the medium-term target for consumer price index (CPI) inflation of 4 per cent within a band of +/- 2 per cent, while supporting growth.
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Shivank purchased a total of 630 kg of wheat, rice, and pulses in the ratio 3:2:4, respectively. After selling 70% of the wheat, 40% of the rice, and 40...
The ratio between two numbers is 7:8. If each number is increased by 9, the ratio between then become 10:11, find the difference between numbers.
Ratio of present ages of mother and her son is 24:8 respectively. Father’s present age is 14 years more than that of mother. If the present average ag...
Two boxes have chocolates in the ratio 7:5. If the difference in the number of chocolates is 28, find the number of chocolates in the box with larger nu...
A classroom has a ratio of male to female students as 2:3. If 4 male and 6 female students join, the ratio of female to male students becomes 5:3. Find ...
The entry ticket at a fun park was increased in the ratio 7 : 9, due to which footfalls fell in the ratio 13 : 11. What is the new daily collection (in ...