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IBPS PO 2020
Institute of Banking Personnel Selection (Probationary Officer)
Online
Exam Dates:
11th Oct 2020
IBPS PO Banking Awareness!!
By: Shreyansh on Aug 17, 2017
From IBPS PO Banking related GK, RBI policies are important as questions are framed on it. Reserve Bank of India (RBI) is the regulating authority of all the scheduled banks in India. Apart from regulating the actions of Banks, RBI has a vital role in determining the monetary policy that directly or indirectly impacts the economy plays an active role in the case of inflation management and improving the investment environment.
RBI in its Third Bi-monthly policy has cut the Repo Rate by 25 basis points. The Repo Rate has been fixed at 6% taking into the factors given below:
- Low Credit Offtake
- Stagnated Investment Cycle
- Shrinking Factory Output
- Benign Consumer Inflation
- Better Monsoon than expected
- Soft Dollar
Get more regular Updates on IBPS PO.
Latest Articles on IBPS PO
IBPS PO Recruitment: Bank PO Salary, Job Benefits, Allowances, Promotions and other details
09-Oct-2020The Institute of Banking Personnel Selection (IBPS) conducts IBPS PO every year for recruiting potential candidates for the posts of Probationary Officers in more than 20 participating public sector Banks. Thousands of candidates who are preparing for the examination must have a lot of questions
... Read more
