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    • Question : Who decides the Repo Rate in India? Option 1: NITI Aayog Option 2: RBI Option 3: Ministry of Finance Option 4: Parliament
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    Question : Who decides the Repo Rate in India?

    Option 1: NITI Aayog

    Option 2: RBI

    Option 3: Ministry of Finance

    Option 4: Parliament

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    Team Careers360 3rd Jan, 2024
    Answer
    Answer (1)
    Team Careers360 4th Jan, 2024

    Correct Answer: RBI


    Solution : The correct answer is RBI .

    The Repo Rate is determined every two months by the Monetary Policy Committee of the Reserve Bank of India.

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