Daily GK Quiz Game 526

Test # 526 [10-Jun-2025]


1.
In a move to tame down inflation and anchor inflationary expectations, RBI recently (in year 2010) raised the repo rate by 25bps to 5% and reverse repo rate by 25bps to 3.5% with immediate effect. In this context, which among the following is a correct statement ?

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While sailing along the Caribbean coast of South America in 1499, the Spanish explorer Alonso de Ojedo saw Indian houses built on stilts over the water. The area reminded him of Venice, and he named it Little Venice, which in Spanish is Venezuela.      .. More >>
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