Current Affairs

GK MCQs Section

Page-7 of Inflation

5th bi-monthly Monetary Policy Review (MPR) of RBI

The Reserve Bank of India (RBI) has kept the key interest rate “repo rate” unchanged at 6% and reverse repo at 5.75% in its fifth bi-monthly monetary policy...

December 6, 2017

What is Bank Rate?

Bank Rate is defined as the rate at which Central Bank gives loans to other domestic banks like commercial banks, cooperative banks, development banks etc. The loans are...

November 30, 2017

RBI keeps repo rate unchanged at 6%

The six member Monetary Policy Committee (MPC) of Reserve Bank of India (RBI) has decided to maintain status quo in policy rates by keeping repo rate unchanged at...

October 4, 2017

Reserve Bank of India (RBI)’s 3rd bi-monthly monetary policy statement for year 2016-17

According to the Reserve Bank of India (RBI)’s 3rd bi-monthly monetary policy statement for year 2016-17, the policy repo rate under the Liquidity Adjustment Facility (LAF) has reduced...

August 2, 2017

RBI keeps key rates unchanged in fifth bi-monthly monetary policy review

The Reserve bank of India (RBI) in its fifth bi-monthly monetary policy review for year 2016-17 has kept key rates unchanged. Decision in this regard was taken by...

December 8, 2016

Negative Interest Rate Policy (NIRP)

In recent years, the a few central banks such as in Denmark, Sweden, Switzerland, European Union (EU) and recently in Japan have implemented the Negative Interest Rate Policy...

October 4, 2016

Constraints to Increase Pulse Production in India

In recent years, pulses have become the main drivers of food prices inflation in India. There are three reasons behind this: High demand-supply gap. The above data shows...

September 19, 2015

Deficit Financing

Deficit refers to the difference between expenditure and receipts. In public finance, it means the government is spending more than what it is earning. Government expenditure and revenue...

November 24, 2012

RBI cuts SLR, releases Rs 60,000 crore

RBI slashed the Statutory Liquidity Ratio (SLR) by 1 percentage point from 24 % to 23 % which is expected to provide liquidity of around Rs 60, 000...

August 6, 2012

Producer Price Index (PPI): RBI proposes for PPI to measure inflation

The Governor of RBI, D. Subbarao has mooted for a Producer Price Index (PPI) to measure the average change over time in the sale prices of domestic goods...

July 21, 2012

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