RBI Policy Rate Decision: Repo Rate and Stance for UPSC, SSC, Banking Exams

Which body within the Reserve Bank of India is primarily responsible for deciding the policy repo rate and other monetary policy measures?

A Central Board of Directors

B Financial Stability and Development Council (FSDC)

C Monetary Policy Committee (MPC)

D Department of Economic and Policy Research (DEPR)

The Reserve Bank of India (RBI) has maintained its monetary policy stance as 'Withdrawal of Accommodation'. What does this stance primarily indicate?

A A move towards easing liquidity and lowering interest rates.

B A focus on controlling inflation by gradually reducing liquidity from the system.

C A neutral stance with no immediate plans for rate changes.

D A policy aimed at stimulating economic growth through increased money supply.

What is the current Repo Rate maintained by the Reserve Bank of India as per the recent Monetary Policy Committee (MPC) meeting?

A 6.0%

B 6.25%

C 6.5%

D 6.75%

Economy & Business MCQs - 2026-06-19