Home PYQs UPPSC UPPSC MCQs Prelims 2002 (GS Paper I)

Question

In October 2001, Reserve Bank of India reduced bank Rate from 7% to:

  1. 6.50%
  2. 6.75%
  3. 6.25%
  4. 6.00%

Answer:

Option A: 6.50%

Detailed Solution:

The correct answer is “6.50%”.

The correct option is: (1) 6.50%