BANK SBI Clerk Mock Test Series 2025 (Pre + Mains) Current Affairs Business and Economy Banking Affairs

Which of the following statements are correct regarding the highlights of the RBI 6th Bi-Monthly Monetary Policy for FY25?

  1. The RBI Monetary Policy Committee (MPC) met from February 5 to 7, 2025, and released the 6th bi-monthly monetary policy for FY 2024-25.

  2. The RBI announced plans to implement Additional Factor of Authentication (AFA) for cross-border Card Not Present (CNP) transactions.

  3. The RBI reduced the repo rate by 50 basis points.

1
Only 1
2
Only 2
3
Only 3
4
Only 1 and 2
5
All are correct
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