As of November 2026, what policy repo rate, Standing Deposit Facility rate and Bank Rate, respectively,…
In October 2026 the policy repo rate was raised to 5.50%. The Standing Deposit Facility rate was set 25 basis points below it at 5.25%, and the Bank Rate was set 25 basis…
Choose your answer
As of November 2026, what policy repo rate, Standing Deposit Facility rate and Bank Rate, respectively, were in effect following the October 2026 monetary policy decision?
Answer and explanation
Correct answer C
In October 2026 the policy repo rate was raised to 5.50%. The Standing Deposit Facility rate was set 25 basis points below it at 5.25%, and the Bank Rate was set 25 basis points above it at 5.75%.
Practice for these exams
-
Uttarakhand SET (USET)