By how many basis points has the RBI reduced the repo rate, most recently?

  • 135
  • 225
  • 350
  • 420
Answer:- 1

The six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI) on Wednesday cut repo rate by 35 basis points (bps) in its third bi-monthly policy review of the financial year. It was fourth rate cut by the central bank in a row. The short-term lending rate now stands at 5.40 per cent.

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