Current Affairs

GK MCQs Section

banking

Banking System Liquidity Tightens Ahead of Tax Payments

Liquidity in the banking system is tightening as mid-month payments for GST and advance taxes approach, which has led to increased demand for funds at the Reserve Bank...

December 13, 2024

India’s Economic Growth Forecast for 2024

The Reserve Bank of India (RBI) has recently revised its growth forecast for 2024-25 and estimate stands at 6.6%. In contrast, S&P Global maintains a slightly higher projection...

December 12, 2024

Consumer Confidence Survey(CCS)

The Reserve Bank of India (RBI) conducted a survey, Consumer Confidence Survey, from November 2-11, 2024, indicating concerns about the economy, employment, income, and spending. Expectations for rising...

December 12, 2024

RBI Releases Handbook of Statistics on Indian States 2023-24

The Reserve Bank of India has published the latest edition of the Handbook of Statistics on Indian States for 2023-24, which presents crucial data on the regional economies...

December 11, 2024

India Surpasses $1 Trillion in FDI

India has achieved the milestone in foreign direct investment (FDI), with inflows surpassing $1 trillion between April 2000 and September 2024. This achievement puts stress on India’s status...

December 10, 2024

RBI Launches Podcast Series for Public Communication

The Reserve Bank of India (RBI) Governor Shaktikanta Das announced a new podcast series to enhance public communication. This initiative aims to improve financial literacy and will provide...

December 9, 2024

World Bank Pledges $100 Billion to Support Poorest Nations

Donor countries pledged $100 billion to the World Bank’s International Development Association (IDA), which targets 78 low-income nations. It aims to provide grants and low-interest loans and the...

December 9, 2024

What is NPS Vatsalya Scheme?

The National Pension Scheme (NPS) Vatsalya was launched in September 2024, which allows parents to invest in a pension plan for their children. It targets Indian children under...

December 6, 2024

Upcoming Legislative Changes in India

Union Finance Minister Nirmala Sitharaman will introduce the Banking Laws (Amendment) Bill, 2024, in the Lok Sabha, targets key banking laws. It includes amendments to the Reserve Bank...

December 3, 2024

State Bank of India is seeking a $1.25 Billion Loan: India’s Largest Bank Loan of 2024

State Bank of India (SBI) plans to borrow up to $1.25 billion, making it the biggest dollar loan from India’s financial sector in 2024. The loan is being...

November 18, 2024

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