RBI Repo Rate Decision: Key Facts for Exams

1.

Which of the following statements is TRUE regarding the Repo Rate decision by the RBI's Monetary Policy Committee (MPC)?

A A higher Repo Rate makes borrowing cheaper for commercial banks.

B The Repo Rate is the rate at which commercial banks borrow money from the RBI by selling securities with an agreement to repurchase them.

C Maintaining the Repo Rate at 6.50% for the seventh consecutive time primarily aims to boost immediate economic growth at any cost.

D The decision to maintain the Repo Rate is taken solely by the RBI Governor.

2.

For how many consecutive times has the Reserve Bank of India's Monetary Policy Committee (MPC) maintained the Repo Rate at 6.50% as per the latest announcement?

A Fifth

B Sixth

C Seventh

D Eighth

3.

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

A 6.25%

B 6.50%

C 6.75%

D 7.00%

Economy & Business MCQs - 2026-10-10