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- The meeting was organized by the RBI and chaired by the newly appointed Governor Sanjay Malhotra.
- Here are the key highlights:
- Repo Rate Cut: The MPC decided to cut the repo rate by 25 basis points to 6.25%.
- Neutral Stance: The committee maintained a neutral monetary policy stance, focusing on aligning inflation with the target while supporting economic growth.
- GDP Growth Projections: The RBI projected GDP growth for FY26 at 6.7%.
- Inflation Forecasts: CPI inflation for FY25 is projected at 4.8%, with FY26 at 4.2%.
Question:
1 What is the CPI inflation forecast for FY25, as projected in the Monetary Policy Committee (MPC) meeting 2025?
- A) 5.2%
- B) 4.5%
- C) 4.8%
- D) 4.0%