India, Dec. 5 -- The Reserve Bank of India has cut the repo rate by 25 basis points to 5.25%, even as the monetary policy committee tries to balance India's record-low inflation against a plunging rupee and 8%-plus GDP growth rate.

A majority of the 44 economists surveyed by Bloomberg expected the RBI to cut its benchmark repurchase rate by a quarter point to 5.25% on Friday, given inflation is well below the 4% target. But with the Indian economy expanding at a faster clip and the rupee dropping to a record low below 90 to the dollar, there were plenty of reasons for the RBI to pause as well-as forecast by Citigroup Inc., Standard Charted Plc and State Bank of India.

Here's a look at the key decisions taken by India's Monetary Policy C...