Current Affairs

GK MCQs Section

Page-6 of Inflation

Global Economic Prospects report 2019: Key Facts about India

The World Bank has released the Global Economic Prospects report 2019 titled “Darkening Skies”. The key findings of the report related to India are: India’s GDP is expected to...

January 10, 2019

Indian economy is expected to grow at 7.2% in FY19

The Central Statistics Office (CSO) has recently released the First advance estimates of National Income for the current fiscal FY 19, under the Ministry of Statistics and Programme...

January 9, 2019

The Impact of Crude Price Shock on CAD, Inflation and Fiscal Deficit

The RBI has released a paper titled ‘The Impact of Crude Price Shock on CAD, Inflation and Fiscal Deficit’. The paper outlines how the crude price shock will...

January 7, 2019

Challenges Before Monetary Policy Committee

The Monetary Policy Committee (MPC) is the body of the RBI headed by its Governor. The body is responsible for taking the important monetary policy decisions for determining...

September 18, 2018

India Ratings and Research (Ind-Ra) projects India’s GDP growth to 7.2% for FY19

India Ratings and Research (Ind-Ra) has revised down India’s GDP growth to 7.2% for FY19 from 7.4% earlier in its latest report titled ‘Mid-year FY19 Outlook’. The key...

August 18, 2018

IMF reaffirms that India to be fastest-growing major economy in 2018

In its latest report “Asia and Pacific Regional Economic Outlook”, the International Monetary Fund (IMF) has reaffirmed that India will be the fastest-growing major economy in 2018, with...

May 11, 2018

RBI’s first bimonthly policy FY 2018-19: Policy rates unchanged

The Reserve Bank of India (RBI) in its first bimonthly policy review for financial year 2018-19 has decided to maintain status quo in policy rates by keeping repo...

April 6, 2018

In 6th Bi-monthly Monetary policy statement, RBI keeps repo rate unchanged at 6%

In the 6th Bi-monthly Monetary policy statement for 2017-18, the Reserve Bank of India (RBI) has kept the key interest rate “repo rate” unchanged at 6% and reverse...

February 7, 2018

What is a Contractionary Policy?

Contractionary Policy refers to the monetary policy which aims to slow down the economy by introducing a reduction in money supply for lesser money and investment. There are...

January 8, 2018

What is the meaning of Cash Reserve Ratio?

Cash Reserve Ratio is a specific amount of funds which the commercial banks have to keep with the Reserve Bank of India to ensure liquidity in the system....

December 21, 2017

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