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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Answer (1)
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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