What is the repo rate after the August 2022 MPC Meeting?
[A].
5.4 %
[B].
5.0 %
[C].
5.75
[D].
5.2 %
Answer: Option A
Explanation:
Reserve Bank of India (RBI) Governor Shaktikanta Das-chaired Monetary Policy Committee (MPC) raised the repo rate by 50 basis points (bps) to 5.40 percent.