On April 9, 2025, the Reserve Bank of India's Monetary Policy Committee (MPC) announced a cut in the repo rate by:
25 basis points
The Reserve Bank of India's Monetary Policy Committee meets periodically to review key policy rates based on inflation and growth conditions.
On April 9, 2025, the MPC announced a cut in the repo rate by 25 basis points, continuing its accommodative stance to support economic growth.
Hence, the repo rate was cut by 25 basis points on April 9, 2025.
The Central Board of Directors of the Reserve Bank of India are appointed for a term of ______ years.
Which of the following Acts was amended to provide a statutory basis for the implementation of the flexible inflation targeting (FIT) framework?
In which year was The Reserve Bank of India was established?
Which of the following institutions is responsible for regulating the formal sources of credit in India?
Which of the following statements about the Reserve Bank of India (RBI) is NOT correct?