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RBI has hiked the policy repo rate by how many basis points?
Options:
A .  40 basis points
B .  45 basis points
C .  35 basis points
D .  30 basis points
Answer: Option A

The Reserve Bank of India (RBI) in a sudden move on May 4, 2022, increased the policy repo rate by 40 basis points to 4.40 percent with immediate effect.


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