The central bank isschedued to annouce its first midquarter review of monetarypolicyfor 2012-13. The Reserve Bankof India (RBI) has cut the rates forfirsttime in three years. Inits annual credit policy, RBIhas slashed short - term lendingrate or repoby 0.50 bps. The RBI has hinted at cut in intereset rates. Moderation in infationsdueto lower economicgrowthandcoolingglobal oil pricesprovides room for easingmonetarypolicy. (a) It may be good for all depositors who are planningto make invetments. (b) It'sbenficial for all home loan, auto laon, personal loanborrowers because of low interest rate. (c) The saggingeconomy has prompted concern about balanceof payments of the country. (d) Thecut in the polivyin repo rate in an indication of deceleratingof thecountry . Which of thefollowingstatements (a),(b),(c) and(d) isdefinitely the cause of cut in key rates of RBI?

The central bank isschedued to annouce its first midquarter review of

1.	The central bank isschedued to annouce its first midquarter review of monetarypolicyfor 2012-13. The Reserve Bankof India (RBI) has cut the rates forfirsttime in three years. Inits annual credit policy, RBIhas slashed short - term lendingrate or repoby 0.50 bps. The RBI has hinted at cut in intereset rates. Moderation in infationsdueto lower economicgrowthandcoolingglobal oil pricesprovides room for easingmonetarypolicy. (a) It may be good for all depositors who are planningto make invetments. (b) It'sbenficial for all home loan, auto laon, personal loanborrowers because of low interest rate. (c) The saggingeconomy has prompted concern about balanceof payments of the country. (d) Thecut in the polivyin repo rate in an indication of deceleratingof thecountry . Which of thefollowingstatements (a),(b),(c) and(d) isdefinitely the cause of cut in key rates of RBI?
Answer» Only (d) Only (C) Only (a) Only (c) ANSWER :D

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