Current Affairs · Monetary Policy
To curb inflationary pressures, by how many cumulative basis points (bps) did the Reserve Bank of India (RBI) raise the policy repo rate during its tightening cycle between May 2022 and February 2023?
- 1300 bps
- 2250 bps✓
- 3200 bps
- 4150 bps
Correct answer
250 bps
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