logo

CuriousTab

CuriousTab

Discussion


Home Current Affairs Banking See What Others Are Saying!
  • Question
  • The first Asia-Pacific (APAC) central bank to begin interest rate easing cycle is;


  • Options
  • A. Central Bank of Sri Lanka
  • B. Bangladesh Bank
  • C. People's Bank of China
  • D. Reserve Bank of India

  • Correct Answer
  • Reserve Bank of India 

    Explanation
    Fitch Ratings has recently said in its APAC sovereign credit overview report that the Reserve Bank of India (RBI) is the first Asia-Pacific (APAC) central bank to begin interest rate easing cycle by cutting the policy rate back-to-back in the last two monetary policy reviews in 2019. The Monetary Policy Committee (MPC), headed by RBI Govenor Shaktikanta Das, cut rates in February and April, citing prospects of benign inflation. In the four months of 2019, the RBI has cut policy interest rates twice twice by 0.25% each to one-year low of 6%. Earlier in April 2019, Fitch Ratings kept India's rating unchanged for the 13th time in a row at BBB- , which is the lowest investment grade, along with a stable outlook. The agency cited various challenges faced by the country such as high public debt, weak financial sector and lagging structural reforms.

  • More questions

    • 1. Who will allows Custodial Services In Commodity Market?

    • Options
    • A. BSE
    • B. NSE
    • C. SEBI
    • D. NSDL
    • Discuss
    • 2. Who won Men's Singles title in the YONEX-SUNRISE India Open 2019?

    • Options
    • A. Angga Pratama
    • B. Srikanth Kidambi
    • C. Viktor Axelsen
    • D. Lee Yang
    • Discuss
    • 3. SpaceX Launches Falcon 9 Rocket With which spacecraft?

    • Options
    • A. Skylab
    • B. Dragon
    • C. Gemini
    • D. Apollo
    • Discuss
    • 4. Qualcomm won a patent dispute case against Apple, which could lead to a ban on sales of iPhones in which of the following country?

    • Options
    • A. Germany
    • B. Italy
    • C. Poland
    • D. Denmark
    • Discuss
    • 5. What is the rank of India in the web-borne threats as per the report of Kaspersky Lab?

    • Options
    • A. 8
    • B. 20
    • C. 18
    • D. 12
    • Discuss
    • 6. Hero - A biography of Sachin Ramesh Tendulkar was written by ___________.

    • Options
    • A. David Conn
    • B. Devendra Prabhudesai
    • C. David Walsh
    • D. Darren Rovell
    • Discuss
    • 7. Which global IT Service company has acquired 75% stake in Starter NV,a subsidiary of Dutch based ABN AMRO Bank for $144 million?

    • Options
    • A. TCS
    • B. Microsoft
    • C. Infosys
    • D. IBM
    • Discuss
    • 8. India's new species of reddish brown pit viper was recently discovered in which state?

    • Options
    • A. Himachal Pradesh
    • B. Meghalaya
    • C. Arunachal Pradesh
    • D. Uttarakhand
    • Discuss
    • 9. Ministry of Textiles started has set up a Yarn bank in which state for weavers?

    • Options
    • A. Gujarat
    • B. Rajasthan
    • C. Tamil Nadu
    • D. Karnataka
    • Discuss
    • 10. Six lakh employees to be trained to handle 96000 VVPAT Machines in which of the following state?

    • Options
    • A. Maharashtra
    • B. Andra Pradesh
    • C. Tamil Nadu
    • D. Haryana
    • Discuss


    Comments

    There are no comments.

Enter a new Comment