Current Affairs · RBI Policy Rates
Identify the incorrect RBI policy rate from the options below (as prevailing in August 2023):
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Marginal standing facility rate – 6.75%
- 2Bank rate – 5.15%✓
- 3Standing Deposit Facility (SDF) rate – 6.25%
- 4Repo rate – 6.50%
Correct answer
Bank rate – 5.15%
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