monetary policy review RBI Flashcards

1
Q

how many basis point hike

A

50 points

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

policy repo rate

A

The rate at which the central bank of a country lends money to commercial banks in the shortfall of funds
5.90%

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

standing deposit facility

A

5.15%

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

marginal standig facility rate

A

5.16%

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

bank rate

A

5.65%
rate charged by RBI for lending funds to commercial banks

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

cash reserve ratio

A

4.50%

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

statuatory liquidity ratio

A

18.00%
minimum percentage of deposits that a commercial bank has to maintain in the form of liquid cash,gold or other securities

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

projections for gdp growth for 2022-23

A

7.2%

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

nflation projection for 2022-23

A

6.7%

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

in 2018 which section of RBI act amended to empower the central babk to introduce SDF

A

section 17

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

idea of SDF(standing deposit facility)

A

urijit patel in 2014

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

main purpose of SDF

A

to reduce the excess

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

reverse repo rate is

A

3.35%

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

FAE(first advance estimates) released by

A

national statistical office

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

monetary policy committe

A

6 member

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

repo rate unchanged for which time?

A

11th consecutive time

17
Q

overnor of rbi

A

shaktikant das

18
Q

deputy governor of rbi

A

dr michael debarata patra