________ is the repo rate announced by the RBI in the June 2023 Monetary Policy meeting?

June 9, 2023

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Daily Quiz on Current Affairs by Gkseries – 9 June 2023

(a) 6.0%
(b) 6.25%
(c) 6.5%
(d) 6.75%

Ans.(c)
Sol. The RBI Monetary Policy meeting is held for June 2023. The Reserve Bank of India (RBI) declared its second instance of maintaining the interest rates at the same level, indicating successful outcomes from RBI monetary policy measures. RBI Governor Shaktikanta Das announced that the repo rate would remain unchanged at 6.5%.

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