Daily Mains Practice Question - 10 April

RBI की 6-सदस्यीय मौद्रिक नीति समिति ने हाल ही में रेपो दर में 25 आधार अंकों की कटौती कर इसे 6% करने का निर्णय लिया। आर्थिक विकास एवं मुद्रास्फीति पर रेपो दर में कटौती के प्रभाव पर चर्चा करें। (150 शब्द)

The RBI’s 6 -member Monetary Policy Committee (MPC) recently decided to cut the repo rate by 25 basis points to 6%. Discuss the impact of repo rate cuts on economic growth and inflation. (150 words)

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Structure of the Answer

Introduction

• Start with a broad overview of current change by the MPC and how it may affect the economy.

Body

• Since it is a direct question, mention the possible implications of repo rate cut on the Economy.

Conclusion

• conclusion should restate the importance of the change, projecting its influence in shaping India's economy.