Current Affairs

GK MCQs Section

Page-8 of Inflation

Core inflation is a better indicator of price trends: RBI

According to RBI Governor, Core inflation is a better indicator of future price trends because of its less volatility. As per him an analysis of longer series of...

July 21, 2012

India displaying delayed effects of anti-inflation policies: Fitch

According to Global rating agency Fitch, India, China and Korea — three most powerful emerging Asian economies — are exhibiting delayed effects of tight monetary policies introduced in...

July 2, 2012

RBI defends its move for status quo, holds high inflation the reason

Under attack for not reducing interest rates, RBI Governor D Subbarao held that inflation at current levels is unacceptable and monetary-tightening is need for the hour in order...

June 21, 2012

Fitch cuts down on India’s credit rating outlook

After Standard and Poor’s another global rating agency Fitch degraded India’s credit rating outlook to negative. As per Fitch: corruption, inadequate reforms, high inflation and slow growth are...

June 19, 2012

India Inc disgruntled with RBI not slashing rates

India Inc is dissatisfied with RBI’s decision of keeping interest rates unchanged As per Assocham, a cut in interest rates may give some boost to the industrial sector...

June 19, 2012

Government increases MSP of major Kharif crops

The government increased Minimum Support Price (MSPs) of primary kharif crops for the 2012-13 by up to 53 % that triggered concerns about further rise in food inflation....

June 19, 2012

Indian economy is facing stagflation: Moody’s

As per the Global financial services firm Moody’s Analytics: Indian economy is going through stagflation, with slow growth and high inflation. RBI can’t be too aggressive in slashing...

June 18, 2012

India is coping with serious economic crisis, needs key reforms: FICCI

As per the FICCI, the economic situation is grave with its low growth, high inflation, high fiscal deficit and the highest ever trade account deficit and it needs...

June 4, 2012

Govt gives in-principle nod to free diesel prices

Minister of State for Finance, Namo Narain Meena held that the government has taken an in-principle decision to link diesel prices with market rates. Yet, there is no...

April 25, 2012

Current Monetary Policy of Reserve Bank of India: 3rd Quarter Review 2011-12

Background: The Reserve Bank began exiting from the crisis driven expansionary policy in October 2009. Between January 2010 and October 2011, the Reserve Bank cumulatively raised the cash...

February 22, 2012

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