Which of the following is not a key takeaway from the recent RBI monetary policy announcement?

Question

Which of the following is not a key takeaway from the recent RBI monetary policy announcement?

A. The RBI is committed to achieving a durable 4% inflation target.

B. The RBI has retained benchmark interest rates unchanged for the fourth consecutive meeting.

C. The RBI is steadfastly dedicated to realigning inflation with the 4% target.

D. The RBI has adopted a majority decision to cut interest rates.

The RBI has not announced any interest rate cuts in its recent monetary policy announcement. On the contrary, RBI Governor Shaktikanta Das emphasized the central banks commitment to achieving a durable 4% inflation target while keeping benchmark interest rates unchanged for the fourth consecutive meeting.

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Comment

What was the value of India's services sector Purchasing Managers' Index (PMI) in September 2023?

A. 61.0

B. 60.1

C. 59.2

D. 58.3

Which of the following is not a key takeaway from the recent RBI monetary policy announcement?

Correct Answer :

Show all Current Affairs October 2023 MCQ

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