According to the Reserve Bank of India's June 2026 Monetary Policy announcement, at what level was the Repo Rate retained by the Monetary Policy Commi

Question

According to the Reserve Bank of India's June 2026 Monetary Policy announcement, at what level was the Repo Rate retained by the Monetary Policy Committee (MPC)?

TodaySprint · Accepted Answer

The correct answer is Option C: 5.25%. The 61st Monetary Policy Committee (MPC) meeting was held from 3–5 June 2026 under RBI Governor Sanjay Malhotra. The MPC unanimously retained the Repo Rate at 5.25% and continued with a Neutral Policy Stance. The Standing Deposit Facility (SDF) Rate was maintained at 5.00%, while the Marginal Standing Facility (MSF) Rate remained at 5.50%. RBI projected India's real GDP growth for FY 2026–27 at 6.6%, with the highest quarterly growth of 6.8% expected in Q4. The CPI inflation forecast for FY 2026–27 was revised to 5.1%, while core inflation was estimated at 4.7%. Major risks identified by RBI include rising crude oil prices, global supply chain disruptions, financial market volatility, and geopolitical tensions. RBI highlighted deficient monsoon conditions and El Niño as potential threats to agricultural output and inflation stability. The next RBI Monetary Policy Committee meeting is scheduled from 3–5 August 2026, and the June meeting minutes will be released on 19 June 2026.

TodaySprint · Answer

4.75%

TodaySprint · Answer

5.00%

TodaySprint · Answer

5.50%

TodaySprint · Answer

5.75%

According to the Reserve Bank of India's June 2026 Monetary Policy announcement, at what level was the Repo Rate retained by the Monetary Policy Committee (MPC)?

Discussion

Discussion

According to the Reserve Bank of India's June 2026 Monetary Policy announcement, at what level was the Repo Rate retained by the Monetary Policy Committee (MPC)?

Related current affairs questions

Discussion

Discussion