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8) Monetary policy committee of RBI decided to keep repo rate ___ at 6% on 6thDec, 2017. - Published on 07 Dec 17 a.Unchanged b.High c.Low d.Moderate AnswerExplanationRelated Ques 9) The third edition of the DRC-NITI Aayog Dialogue was held in ___. - Published...
12. Supreme Court declined any interim relief to Kerala to borrow additional funds during current fiscal year. 13. As per latest RBI Monetary Policy, repo rate remains unchanged at 6.5%. 14. Philippines to conduct joint naval exercise with US, Australia and Japan. Attempt...
Highlights of the 2nd Bi-Monthly Monetary Policy of FY24 The Reserve Bank of India’s (RBI) 6-members Monetary Policy Committee (MPC) met on 6th, 7th and 8th June 2023 and released itssecondbi-monthly monetary policy statement forFY24(Financial year 2023-2024). Key Points: i.The MPC ha...
32. What is the current Repo Rate, according to 6th Bi-monthly Monetary Policy Statement of Reserve Bank of India for FY 2017-18? Answer: 6 percent 33. National Productivity Day was observed on which day? Answer: 12th February 34. Name the female (Indian) cricketer who became the first...
Core inflation is used to determine the impact of rising prices on consumer income. If the increase in the price index is due to temporary shocks that could soon reverse themselves, it may not require any monetary policy action. To deal with such situations, many central banks use measures of...
Q.3) Consider the following statements regarding Marginal Cost offund-based Lending Rates(MCLR): 1. MCLR is the basic minimum rate below which banks can’t lend. 2. RBI has established MCLR in 2016 as a tool for efficient Monetary policy transmission. ...
The interest rates on floating Home Loans are linked to a bank's base rate or Marginal Cost of Funds based Lending Rate (MCLR). These rates can vary due to changes in the Reserve Bank of India's (RBI) monetary policy, economic conditions, etc. At ICICI Bank, we benchmark our floating...
US government considers asking a federal court to direct Google to sell some of its businesses which will effectively break up the company Finance minister Nirmala Sithraman said that the carbon tax proposed by the EU is unilateral and arbitrary The Monetary Policy Committee (MPC) of the RBI hel...
Monetary Policy of India – Everything You Should Know About Blue Economy 2.0 National Rural Livelihood Mission Agriculture Export Policy Green Energy Corridor Project Read more articles:ClearIAS Economics Notes(Latest Updates) Current Affairs – Geography ...