RBI Unexpectedly Holds Key Rate

The transcript discusses the RBI's sixth consecutive rate cut and its implications on monetary policy. Shaktikanta Das's comments highlight a shift in RBI's focus from growth to inflation. The policy decision has led to a downgrade in growth forecasts for fiscal year 2020. The need for fiscal policy to work alongside monetary policy is emphasized to support economic growth. Despite signs of economic recovery, the current slowdown is severe, and more stimulus is needed for a sustainable recovery. The RBI's cautious approach may hinder a sharper recovery, affecting financial markets and increasing the trust deficit.

What was the surprising element in the RBI's recent monetary policy decision?

• A rate hold after six hikes

• A rate hold after six cuts

• A rate hike after six cuts

• A rate cut after six hikes

What shift in focus did the RBI demonstrate in its recent policy decision?

• From inflation to employment

• From employment to inflation

• From inflation to growth

• From growth to inflation

What is the projected growth rate for fiscal year 2020 according to the latest RBI policy?

• 4.5%

• 6.1%

• 6.9%

• 5.0%

What is the estimated potential growth rate according to the speaker?

• 7.5%

• 5.7%

• 5.0%

• 4.5%

What is the main concern regarding the RBI's cautious approach to monetary policy?

• It might increase employment rates

• It could slow down economic recovery

• It could boost foreign investments

• It may lead to rapid inflation