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March 2015 Current Affairs Quiz
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In March 2015, the Reserve Bank of India reduced the repo rate to
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A
7.5 percent
💡 Explanation:
In March 2015, the RBI cut the repo rate by 25 basis points from 7.75% to 7.5%. This was the first rate reduction under Governor Raghuram Rajan, aimed at boosting economic growth while managing inflation.