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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 (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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