In the 56th meeting of Monetary Policy Committee (MPC) held from 4 to 6 August 2025, real GDP growth for Q1 2026-27 was projected at:

Correct option is B

The correct answer is (b) 6.6%

Explanation:

• In its August 2025 meeting, the RBI's Monetary Policy Committee (MPC) projected the Real GDP growth for the first quarter of the next fiscal year (Q1 2026-27).
• The projection for Q1 2026-27 was set at 6.6%.
• The committee noted that the growth momentum is expected to remain steady driven by domestic demand and investment.
• Inflation was also a key factor in determining these growth forecasts, with the MPC aiming to align with the 4% target.
• The MPC kept the Repo Rate unchanged during this meeting to support growth while monitoring price stability.

• The Monetary Policy Committee (MPC) is a 6-member committee of the RBI, headed by the Governor.
• The MPC meets at least four times a year to decide the policy interest rates (Repo Rate) required to achieve the inflation target.

• These figures represent alternative growth scenarios or projections for different quarters in the fiscal cycle; however, 6.6% was the specific figure for Q1 2026-27.