{"id":12422,"date":"2016-06-10T13:34:33","date_gmt":"2016-06-10T13:34:33","guid":{"rendered":"https:\/\/www.edristi.in\/?p=12422"},"modified":"2016-06-10T13:34:33","modified_gmt":"2016-06-10T13:34:33","slug":"second-bi-monthly-monetary-policy-statement-2016-17","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/second-bi-monthly-monetary-policy-statement-2016-17\/","title":{"rendered":"Second Bi-monthly Monetary Policy Statement, 2016-17"},"content":{"rendered":"<p style=\"text-align: justify\"><strong>Question: On 7 June 2016 Reserve Bank of India has issued Second Bi-monthly Monetary Policy Statement, 2016-17. In this the percentage of growth during 2016-17 is estimated to be-<\/strong><br \/>\n(a) 7.5%<br \/>\n(b) 7.6%<br \/>\n(c) 7.8%<br \/>\n(d) 7.2%<br \/>\n<strong>Ans:(b)<\/strong><br \/>\n<strong>Related facts:<\/strong><\/p>\n<ul style=\"text-align: justify\">\n<li>On 7 June 2016 Reserve Bank of India Governor, Dr. Raghuram G. Rajan has issued Second Bi-monthly Monetary Policy Statement, 2016-17.<\/li>\n<li>RBI in its Second Bi-monthly Monetary Policy Statement, 2016-17 has kept policy rates, reserve cash reserve ratio of net demand and term liabilities unchanged.<\/li>\n<li>Repo rate under the (LAF: Liquidity Adjustment Facility) is kept unchanged at 6.5%.<\/li>\n<li>Consequently, the reverse repo rate under the LAF will remain unchanged at 6.0 per cent, and the marginal standing facility (MSF) rate and the Bank Rate at 7.0 per cent.<\/li>\n<li>RBI kept the cash reserve ratio (CRR) of scheduled banks unchanged at 4.0 per cent of net demand and time liabilities (NDTL).<\/li>\n<li>Statutory Liquidity Ratio (SLR) is also kept unchanged at 21.5%<\/li>\n<li>Earlier, RBI had cut the repo rate by 0.25 % to 6.5 % in April in its first bi-monthly monetary policy review of the current financial year.<\/li>\n<li>The gross value added (GVA) growth projection for 2016-17 has been retained at 7.6 per cent.<\/li>\n<\/ul>\n<p style=\"text-align: justify\">\n<strong>Reference:<\/strong><br \/>\n<a href=\"https:\/\/www.rbi.org.in\/Scripts\/BS_PressReleaseDisplay.aspx?prid=37154\" target=\"_blank\">https:\/\/www.rbi.org.in\/Scripts\/BS_PressReleaseDisplay.aspx?prid=37154<\/a><br \/>\n<a href=\"https:\/\/www.rbi.org.in\/Scripts\/BS_PressReleaseDisplay.aspx?prid=37151\" target=\"_blank\">https:\/\/www.rbi.org.in\/Scripts\/BS_PressReleaseDisplay.aspx?prid=37151<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question: On 7 June 2016 Reserve Bank of India has issued Second Bi-monthly Monetary Policy Statement, 2016-17. In this the percentage of growth during 2016-17 is estimated to be- (a) 7.5% (b) 7.6% (c) 7.8% (d) 7.2% Ans:(b) Related facts: On 7 June 2016 Reserve Bank of India Governor, Dr. Raghuram G. Rajan has issued [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":12295,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[2338],"class_list":["post-12422","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-enew","tag-economics"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/12422","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=12422"}],"version-history":[{"count":0,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/12422\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/12295"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=12422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=12422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=12422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}