Reserve Bank of India Keeps Repurchase Rate Steady at 6.5%: Governor Das

The transcript highlights the strength and stability of the Indian economy amidst global challenges, noting its growth to the 5th largest economy and its significant contribution to global growth. It discusses India's progress in controlling inflation, the health of its banks, and robust corporate balance sheets. The transcript also emphasizes India's potential to become a global growth engine due to its domestic demand and demographic advantages. The Monetary Policy Committee's decision to keep the policy repo rate unchanged is detailed, focusing on maintaining inflation targets while supporting growth.

What position does the Indian economy hold in the global ranking?

• 5th largest

• 10th largest

• 3rd largest

• 7th largest

Which of the following is NOT mentioned as a strength of India's banks?

• Increasing foreign debt

• Rising profitability

• Declining non-performing assets

• High levels of capital

What advantage does India have in the global economy according to the transcript?

• Limited domestic demand

• Vast untapped resources

• High foreign debt

• Low technological innovation

What was the decision of the Monetary Policy Committee regarding the policy repo rate?

• Keep unchanged at 6.5%

• Decrease to 6%

• Increase to 7%

• Increase to 6.75%

What is the focus of the Monetary Policy Committee to ensure inflation aligns with targets?

• Increasing foreign investments

• Reducing interest rates

• Withdrawing accommodation

• Increasing accommodation