What was the unexpected move made by the RBI in its recent monetary policy?
India Lowers Rates in Patel's First Policy Decision

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Implementation of a new tax
Cut in interest rates by 25 basis points
Increase in interest rates
Introduction of a new currency
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What GDP growth rate does Governor Urjit Patel expect for India?
6.5%
7.6%
5.5%
8.0%
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected inflation rate according to the RBI's latest policy?
3%
5%
6%
4%
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many members are there in the new Monetary Policy Committee?
Five
Four
Six
Seven
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the role of the RBI governor in case of a tie in the MPC?
Decision deferred
Veto power
Casting vote
No role
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