May 2022 Meeting of the Monetary Policy Committee, what is the revised Repo Rate?

• A. 5.60%
• B. 5.20%
• C. 4.40%
• D. 6.00%

Answer: (C)

Increase the policy repo rate under the liquidity adjustment facility (LAF) by 40 basis points (bps) to 4.40 percent with immediate effect from 4.00% earlier.