Monetary Policy Committee of India । Economy Primer । Drishti IAS English

RBI Monetary Policy Committee has kept the key policy repo rate unchanged at 6.5%. This is the fourth meeting on the trot that the MPC decided to maintain the status quo on the repo rate. The MPC last raised this rate by 25 bps to 6.50% at its meeting in February 2023. Announcing the bi-monthly monetary policy, RBI Governor Shaktikanta Das said the transmission of 250 bps repo rate cut is still incomplete. The Real GDP growth projection for FY24 remains unchanged at 6.5%.
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[@tushar.nigam.]

Thanks team drishti🙏🙏

[@-AkhilTej-]

⚫⚪ Great Initiative of conducting Economy Primer session ⚪⚫ Thank you Drishti IAS team 💎

[@AnkitaKashyap-wo7di]

Thanks for this wonderful session economic premier dear mam 😊😇🥰💝❤️‍🔥❤️‍🔥

[@youngest_sdyij]

Option c is correct becase when rbi use expansionary policy,then it decreases its intrest rates . Thus it will affect all the rates negatively. However ,in case of msf it means (repo rate + 0.25). If repo rate decreases , msf will also get reduce

[@AnkitaKashyap-wo7di]

Option b

[@chandrikachandu4045]

Option b)

[@user-dh5ch5gc1m]

1and3

[@rahuljoshi01]

Option b correct in expansionist policy RBI will not increase RR,RRR,MSF rate,SLR Rate and it will try to decrease all these Rates...

[@arunkumarkkking]

Option a

[@user-es2kw5uo5f]

D