Page-15 of Inflation Current Affairs, GK & News
Short term lending and borrowing rates hiked by 25 basis points by the RBI The RBI raised the RR (Repo Rate) and the RRR (Reverse Repo Rate) by 25 basis points This was to combat inflation RR raised to 7.5% and RRR raised to 6.5% 10th time since March last year, RBI has hiked the ..
Month: Current Affairs - June, 2011
Category: Government Schemes Current Affairs
The Cash Reserve Ratio is the amount of funds that the banks are bound to keep with Reserve bank of India as a portion of their Net Demand and Time Liabilities (NDTL). The objective of CRR is to ensure the liquidity and solvency of the Banks. The CRR is maintained fortnightly average basis. Impacts of ..
The Fifth Five Year Plan India was sketched out for the period spanning 1974 to 1979 with the objectives of increasing the employment level, reducing poverty, and attaining self-reliance. The twin objectives of poverty eradication and attainment of self reliance were inculcated in the fifth plan. A national program for minimum needs including elementary education, safe drinking water, ..
Topics: Economic history of Brazil • Economic history of India • Economy • Five-Year Plans of India • Government of India • Indira Gandhi • Inflation • Members of the Lok Sabha • Planning in India • Price controls • Price of oil • Pricing • The Gold (Control) Act