Welcome, Guest

Login/Register

Language
Download App

Economy - india

The Reserve Bank of India on 29 January 2013 slashed its key interest rates by 0.25 per cent and released 18000 crore rupees additional liquidity into the system to perk up growth through reduced cost of borrowing. Which of the following statements in context of the same is true?
i. RBI in its third quarter monetary policy review surprised the market by cutting short-term lending rate called repo, by 0.25 per cent to 7.75 per cent
ii. The Cash Reserve Ratio was slashed to 4 percent
iii.The repo rate cut will increase the cost of borrowing for individuals and corporate, whereas the reduction in CRR, which is the portion of deposits that banks have to park with RBI, would improve the availability of funds.
iv. the stance of monetary policy in this review is intended to provide an appropriate interest rate environment to support growth as inflation risks moderate

Articles

one liners of the day, 22 october

Economy base metals index launched by multi commodity exchange (mcx) - 'metldex'. an initiative

Read more..

daily news digest:21 october 2020

Explained: asia power index 2020india is the fourth most powerful nation influencing the asian

Read more..

this day in history

21 - october azad hind day subhash chandra bose on october 21, 1943, the formation of the

Read more..

places in news

Shree jagannath temple it was built in the city of puri by king chodaganhadeva in the 12th

Read more..

Provide comments

COPYRIGHT NOTICE: Please do not copy and paste content from here. This content is either purchased or provided by experts. Please report copyright violation of genuine owner of content to [info at onlinetyari.com]. It will be removed within 24 hours after ownership check.

FAIR USE POLICY: You can show our questions on blogs/facebook pages/Any web page/Apps on condition of putting [Source:OnlineTyari.com] below the question.