Budget Estimate Current Affairs, GK & News

RBI Syncs Financial Year with the Fiscal Year

On February 15, 2020, the board of Reserve Bank of India (RBI) decided to sync the Financial year of the bank with the Fiscal Year. The Fiscal Year begins in April and ends in March and the Financial year is between July and June Highlights The Central Board of Directors of RBI at the 582nd ..

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Fiscal Deficit for April-December

The data shows that the fiscal deficit touched 112.4 per cent of the full-year budget target of Rs 6.24 lakh crore at the end of December. The important data highlights related to the fiscal deficit are: The gap between Government’s expenditure and revenue stood at Rs 7.01 lakh crore during April-December of the current financial ..

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