RBI cut the repo rate in February 2025 for the first time since 2020. By how many basis points?
- 25 basis points
- 50 basis points
- 10 basis points
- 75 basis points
Answer: 25 basis points
RBI MPC cut the repo rate by 25 basis points to 6.25% in February 2025, the first reduction since May 2020, amid easing inflation.