Current Affairs

GK MCQs Section

Page-10 of Economy & Banking Current Affairs

RBI Repo Rate Cut

The Reserve Bank of India’s decision to cut the repo rate by 25 basis points to 6.25 per cent marks shift in monetary policy. This is the first...

February 8, 2025

Bank.in Domain

The Reserve Bank of India (RBI) has introduced the ‘bank.in’ internet domain to address increasing financial fraud cases in the country. This initiative was announced during a recent...

February 8, 2025

New Income Tax Bill

The New Income Tax Bill has been approved by the Union Cabinet led by Prime Minister Narendra Modi. This bill is set to replace the Income Tax Act...

February 8, 2025

RBI’s Monetary Policy and Rate Cut Expectations

The Reserve Bank of India (RBI) is currently navigating a complex economic landscape. Recent analysis suggests that the RBI’s monetary policy committee (MPC) may not deliver the expected...

February 6, 2025

Import Duty Waiver on Life-Saving Drugs

The Union Budget 2025 introduced changes to import duties on life-saving drugs. The government has waived import duties on 36 essential medications and reduced it for an additional...

February 6, 2025

Basalt Mining Begins at Deocha-Pachami

The West Bengal government is set to commence basalt mining on 326 acres at the Deocha-Pachami coal mine in Birbhum district. This initiative aligns with the Bengal Global...

February 6, 2025

Ukraine’s Rare Earths

Ukraine’s geopolitical landscape has transformed dramatically due to ongoing conflict with Russia. Amidst this turmoil, Ukraine’s rich deposits of rare earths and other critical minerals have gained attention...

February 6, 2025

China’s Counter Tariffs Against the US

On February 4, 2025, China announced new counter tariffs against the United States in response to recent tariff hikes imposed by the U.S. government. These tariffs include a...

February 5, 2025

U.S. Sovereign Wealth Fund Proposal for TikTok Purchase

The recent announcement by U.S. President Donald Trump regarding the establishment of a sovereign wealth fund has garnered attention. This fund aims to monetise U.S. assets and may...

February 4, 2025

Indian Railways’ Mission 3000

Indian Railways is striving to enhance its freight loading capabilities under the ambitious Mission 3000 plan. This initiative aims to achieve a cargo volume of 3,000 million tonnes...

February 4, 2025

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