Multiple choice general knowledge

In its review of Monetary Policy 2010-11 made on November 2, 2010, RBI did not altered-

  1. Only CRR

  2. Only Bank Rate

  3. Both CRR and Bank Rate

  4. Repo and Reverse Repo Rate
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

In its November 2, 2010 monetary policy review, RBI kept both the Cash Reserve Ratio (CRR) and Bank Rate unchanged while revising the repo and reverse repo rates. This was a calibrated approach where RBI signaled policy stance through short-term rates (repo/reverse repo) while maintaining stability in other key rates.

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