What is the repo rate after the RBI’s June 2022 Monetary Policy Committee (MPC) meeting? [A] 4.2 %[B] 4.5 %[C] 4.9 %[D] 5.0 %

Question

What is the repo rate after the RBI’s June 2022 Monetary Policy Committee (MPC) meeting? [A] 4.2 %[B] 4.5 %[C] 4.9 %[D] 5.0 %

Accepted Answer

Option C [4.9 %] :Reserve Bank of India’s Monetary Policy Committee (MPC) decided to hike the Policy Repo Rate by 50 basis points to 4.9 per cent.

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