Tuesday, 29 October 2013
DAILY GK UPDATE - 29 TH OCT !
Posted on 07:04 by Unknown
1. RBI hikes Repo Rate by 0.25 percenti. Along expected lines, the Reserve Bank of India Governor hiked the repo rate by 25 basis points in the October monetary policy review today. ii. The repo rate is now at 7.75 per cent. He had also raised it by 25 bps in the mid-quarter review in September.Note: Repo rate is the rate at which banks borrow short term funds from RBI.iii. Inflation has been
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