Question : Who decides the Repo Rate in India?Option 1: NITI AayogOption 2: RBIOption 3: Ministry of FinanceOption 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

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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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