Question

In the Fifth Bi-monthly Monetary Policy Statement 2017-18, the Monetary Policy Committee (MPC) has decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at?

• A. 5.50 percent
• B. 5.75 percent
• C. 6.25 percent
• D. 6.50 percent
• E. 6.00 percent

Answer 1

The correct option is E 6.00 percent

On the basis of an assessment of the current and evolving macroeconomic situation at its meeting, the Monetary Policy Committee (MPC) decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.0 per cent in the Fifth Bi-monthly Monetary Policy Statement 2017-18.