Dear Reader,
Test your grey cells on things you need to know about the Reserve Bank of India's monetary policy actions.
1) By how much has the repo rate been cut so far in 2015?
2) By how much has the statutory liquidity ratio been lowered this calendar year?
3) The base year for the Consumer Price Index series was recently advanced to......?
4) RBI aims to bring the rate of retail inflation below ...... by January 2016?
5) The cash reserve ratio stands at ...... of banks net demand and time liabilities?
6) The repo rate currently stands at ......?
7) The Marginal Standing Facility (MSF) rate currently stands at ......?
8) The tenure of the benchmark government bond is ......?
9) what happens when interest rates move up?
10) What was the latest reading on Wholesale Price Index (WPI)-based inflation?