describe the equilibrium condition of firm and industry in the short run and long run.
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The Reserve Bank of India has kept repo rate unchanged at 6.25% in its second bi-monthly monetary policy review. Reverse Repo rate has been kept unchanged at 6%. The RBI has cut the Statutory Liquidity Ratio (SLR) by 50 basis points to 20%. ... RBI has reduced the growth projection for the current fiscal to 7.3% from 7.4%.
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