Current Affairs

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Page-107 of Economy & Banking Current Affairs

RBI surplus transfer to government – Update (May, 2022)

The Reserve Bank of India (RBI) board recently approved the transfer of ₹30,307 crores to the central government for the financial year 2021-22. This is the lowest dividend...

May 24, 2022

RBI: Cardless cash withdrawal facilities at all ATMs

The Reserve Bank of India (RBI) has directed all banks, ATM networks, and White Label ATM Operators (WLAOs) to provide their customers with the option of Interoperable Card-less...

May 23, 2022

NEFT, RTGS facility for Post Office Savings Account

The Department of Post has recently rolled out the NEFT and RTGS facility for Post Office Savings Bank Account (POSB) holders. The NEFT facility has been made available...

May 22, 2022

SC: GST Council Recommendations not binding on Centre, States

The Supreme Court recently ruled that recommendations of the Goods and Services Tax (GST) Council are not binding on the Centre and states. What are the highlights of...

May 22, 2022

World Bank USD 30 Billion Fund for Food Crisis

Actions that will be taken by the World Bank to mitigate the ongoing food security have been announced. The World Bank will be investing up to USD 30...

May 21, 2022

Third Advance Estimates for Production of Major Crops 2021-22

The Union Ministry of Agriculture and Farmers Welfare has released the third advance estimate of the production of major agricultural crops for 2021-22. What do the advance estimates...

May 21, 2022

World Economic Situation and Prospects (WESP)- Update

According to the World Economic Situation and Prospects (WESP) report that was released by the United Nations on 18th May 2022, the global economy this year is expected...

May 20, 2022

IMF: Review of Special Drawing Rights (SDR)

The International Monetary Fund (IMF) increased the weighting of the US dollar and Chinese yuan (Renminbi) in the Special Drawing Rights (SDR) basket of currencies. The updated weightings...

May 20, 2022

April Wholesale Price Index (WPI)

The Wholesale Price Index (WPI) based inflation rate surged to 15.1 percent in the month of April due to the rise in prices of fruits, vegetables, manufacturing, milk,...

May 19, 2022

SEBI Directions on Collective Investment Scheme

Securities and Exchange Board of India (SEBI) amended collective investment schemes (CIS) rules. What are the new regulations? SEBI enhanced the net worth criteria and track record requirements...

May 17, 2022

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