Monetary Policy - Current Affairs Questions and Answers

1)   In its third bi-monthly monetary policy review Reserve Bank of India has kept its key policy rates ________.

a. Increased
b. Decreased
c. Unchanged
d. None of these
Answer  Explanation 

ANSWER: Unchanged

Explanation:
In Mumbai, RBI announced that repo rate at which the RBI lends to the system, will remain unchanged at 7.25 percent. The cash reserve ratio (CRR) which is the proportion of deposit banks have to park with the central bank, will remain at 4 percent.