RBI's Big Decision? | CLAT 2027 | Mission 25+ Current Affairs | Abhishek Dubey
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RBI's Big Decision? | CLAT 2027 | Mission 25+ Current Affairs | Abhishek Dubey
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RODHA - CLAT Preparation
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431 просмотр · Трансляция закончилась 1 дн. назад
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In this Mission 25+ session, Abhishek Sir breaks down the Reserve Bank's decision to raise the repo rate by 25 basis points to 5.50 per cent, announced by Governor Sanjay Malhotra on 7 October — the first hike after a long run of cuts and pauses, taken unanimously by the Monetary Policy Committee, alongside a shift in stance towards calibrated tightening. The class explains what the repo rate actually is and how a change in it travels through to bank lending rates and EMIs, what the stance signals about where policy goes next, and the inflation and global pressures the Committee was weighing, including crude prices. It also covers the institutional ground CLAT 2027 tests: the Monetary Policy Committee established under the RBI Act, how it is composed and who chairs it, the inflation targeting framework it works within, and the other policy rates — the standing deposit facility, the marginal standing facility and the cash reserve ratio — that move alongside the repo rate. The kind of economy story the GK section turns into a passage with four plausible options.
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