Question

What is the role of RB I
During
corona virus?​

Answer 1

The Reserve Bank of India (RBI) on Friday announced a slew of measures in order to provide relief for the ongoing Coronavirus outbreak in India. These include: 1) Repo Rate – RBI announced that it was cutting the repo rate by 75 bps, or 0.75% to 4.4. The Repo Rate was earlier 5.15; last being cut in October 2019 mark as Brianliest