Question

According to the Monetary Policy Committee (MPC) meeting of Sep 30, 2022, what is Bank Rate decided by MPC?

A 4.45% Correct Answer Incorrect Answer
B 5.20% Correct Answer Incorrect Answer
C 5.50% Correct Answer Incorrect Answer
D 6.20% Correct Answer Incorrect Answer
E 6.15% Correct Answer Incorrect Answer

Solution

Standing deposit facility (SDF) rate stands adjusted to 5.65% and the marginal standing facility (MSF) rate and the Bank Rate to 6.15%.

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