Macroeconomic policy Current Affairs, GK & News
Union Budget 2022-23-Highlights
On February 1, 2022, the Union Finance Minister Nirmala Sitaraman presented the Union budget 2022-23. The budget focuses on macro economic growth, energy transition, promoting digital economy, climate action, tech enabled development, crowding in private investment. Here are the highlights of the budget. Key Highlights Digital Rupee is to be issued using block chain technologies ..
Month: Current Affairs - February, 2022
Category: Economy & Banking Current Affairs - 2022
Topics: Block chain • credit guarantee programme • Crypto Currency • digital economy • digital rupee • E-Passport • Energy transition • Finance Minister • Financial inclusion • Green Bonds • India solar energy • Ken Betwa River Project • Macroeconomic policy • Minimum Support Price • Multi Modal Logistics Park • nirmala sitaraman • oil seeds • PLI • PM eVidya programme • PM Gati Shakti Masterplan • Special economic zones • Union Budget • Union Budget 2022-23 • Zero Fossil Fuel Policy
EU approves world’s largest free trade deal with Japan
On December 12, the European Parliament has approved the world’s largest free trade deal between Japan and the European Union (EU). The EU-Japan Economic Partnership Agreement will go into effect in February 2019. It will remove duties on almost all agricultural and industrial products as well as open up the service sector and procurement. It ..
Topics: Commercial policy • Economy • EU Gateway Programme • Free trade • International Trade • Macroeconomic policy • Non-tariff barriers to trade • Protectionism
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 review for the year 2017-18 on December 6, 2017, as it feared that inflation may top the central bank’s medium-term target of 4%. It also maintained its ..
Topics: Bank rate • Economy • Finance • Financial economics • Inflation • Interest Rates • Macroeconomic policy • Monetary Policy • Money • Official bank rate • Repurchase agreement • Reserve Bank of India