Repo rate increases by 25 basis points- Namaste English

The six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI) has adjudged to increase the repo rate by 25 basis points due to the concern of inflation. Five members of the committee voted for the rate hike and now the repo rate has been fixed at 6.5%. However, the RBI has maintained a 'neutral' stance in the policy as it aimed to contain inflation while not choking growth.

भारतीय रिजर्व बैंक की छह सदस्यीय मौद्रिक नीति समिति (एमपीसी) ने मुद्रास्फीति की चिंता के कारण रेपो रेट में 25 आधार अंकों की बढ़ोतरी करने का निर्णय किया है। समिति के पांच सदस्यों ने दरों में वृद्धि के लिए सम्मति दी और अब रेपो रेट 6.5% तय किया गया है। हालांकि, भारतीय रिज़र्व बैंक ने नीति में 'निष्पक्ष' रवैया बनाए रखा क्योंकि उनका लक्ष्य है मुद्रास्फीति को रोकना लेकिन विकास को अवरुद्ध किए बिना।

Key Learnings

Verb : adjudged //अजज्ड// [निर्णय करना]

Definition: to announce a decision or consider something, especially officially
Synonyms: decide, declare, decree, deem
Antonym: -
Verb : choking //चोकिंग// [अवरुद्ध करना]

Definition: suppress the development, creativity, or imagination of something
Synonyms: obstruct, stifle, throrrle, block
Antonym: assist, aid, ease
Verb : hike //हाइक// [वृद्धि]

Definition: to increase the cost of something
Synonyms: rise, increment, augmentation, ascent
Antonym: decrease, descent, lower
Adjective : neutral //न्यूट्रल// [निष्पक्ष]

Definition: in accordance with the rules or standards
Synonyms: unbiased, impartial, ojective
Antonym: biased, partial, subjective

Repo rate increases by 25 basis points

Key Learnings

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