Showing questions for July 26, 2025
- Total: 25 questions
Question 16 Jul 26, 2025
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What was the headline inflation rate in June 2025 as mentioned in the article?
2.1 per centThe article states that headline inflation cooled to 2.1 per cent in June 2025, significantly below the RBI's target of 4 per cent. This sharp decline has raised expectations for further rate cuts. However, the RBI Governor clarified that current inflation figures are not the sole basis for policy decisions. The central bank focuses on future projections and potential risks. Despite the low current rate, CPI is expected to rise to 4.4 per cent in Q4, indicating possible upward pressure later in the year.
Question 17 Jul 26, 2025
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What is the current credit growth rate for FY26 as acknowledged by the RBI Governor?
Around 9 per centRBI Governor Sanjay Malhotra noted that while credit growth was 12.1 per cent in FY25—better than the decadal average of over 10 per cent—it has slowed to around 9 per cent in FY26. This indicates a moderation in lending momentum despite rate cuts. The central bank remains focused on creating conducive conditions for sustained credit expansion. The governor linked rate cuts to boosting credit growth and emphasized the importance of transmission. Monitoring sectoral credit trends remains crucial for future policy adjustments.
Question 18 Jul 26, 2025
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Why did the RBI reduce the Cash Reserve Ratio (CRR) to 3 per cent, according to the Governor?
To reduce the cost of intermediationThe RBI reduced the CRR to 3 per cent not only to improve liquidity but primarily to reduce the cost of financial intermediation. Lower intermediation costs are expected to translate into lower borrowing costs for individuals and businesses. The Governor clarified that even at this level, the RBI retains sufficient reserves to handle emergencies, citing that only 1 per cent was used during the COVID crisis. This move supports the broader objective of making credit more accessible and affordable. It reflects a strategic shift beyond just rate cuts to enhance financial efficiency.
Question 19 Jul 26, 2025
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What major initiative has the RBI taken to streamline banking regulations?
Consolidating regulations into 33 master directionsThe RBI is undertaking a major regulatory reform by consolidating over 8,000 existing regulations into just 33 master directions. Currently, only about 3,000 regulations are in active use, with the rest being obsolete. This simplification aims to make compliance easier and regulations more transparent for banks and financial institutions. The central bank has also established a regulatory review cell to reassess rules every 5–7 years. Additionally, new regulations will follow consultation protocols to assess costs and benefits before implementation.
Question 20 Jul 26, 2025
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Who scored a gritty fifty on a fractured foot during the fourth Test against England, earning widespread praise from teammates and former players?
Rishabh PantRishabh Pant displayed extraordinary courage by returning to bat on day two of the fourth Test against England despite suffering a fracture in his right foot. He resumed his innings from an overnight 37 and completed a crucial 54 off 27 balls, adding 17 runs in 70 minutes while barely able to move. His innings was lauded by former India coach Ravi Shastri and teammate Shardul Thakur, who called it unmatched in terms of courage and team spirit. Pant had retired hurt on day one after being hit by a Chris Woakes delivery while attempting a reverse sweep. His performance symbolized resilience and dedication to the team, earning admiration even from the opposing England camp.