Learn the key economic concepts for UPSC Prelims 2026 including inflation, GDP, and repo rate. Understand definitions, importance, and how these topics appear in the UPSC Civil Services Examination.
Even before the RBI's decision, there was much speculation that there would be no change in the repo rate this time. Upon hearing this news, the general public is wondering what exactly the repo rate ...
The Reserve Bank of India (RBI) announced on Friday, December 5, that it has reduced the repo rate by 25 basis points to 5.25%, as inflation slid to historic lows and the rupee continued to weaken.