Current Affairs Quiz
Q. Consider the following statements vis-à-vis policy stance of RBI:
- Under the Neutral stance, RBI has flexibility to increase or decrease the Repo Rate or Policy rate.
- Accommodative stance would mean RBI would keep the policy rate constant or increase it.
Codes:
(a) Only 1 (b) Only 2
(c) Both 1 and 2 (d) Neither 1 nor 2
Ans: (a)
Explanation
RBI has recently reduced the Policy Rate (Repo Rate) by 25 basis points and has stated that it has moved to a ‘Neutral Stance’.
What is Neutral Stance and Accommodative Stance of RBI?
- Under the Neutral Stance, RBI has flexibility to increase or decrease ....
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