Current Affairs

GK MCQs Section

Page-52 of RBI

Political uncertainties are among the factors impacting capital markets: RBI

The RBI in its Macroeconomic and Monetary Developments Second Quarter Review 2013-14 said that markets in India face domestic uncertainties arsing from prolonged slowdown, falling corporate earnings and...

November 1, 2013

RBI hiked Repo Rate by 25 basis points to 7.75 %

As per the Second Quarter Review of Monetary Policy 2013-14 released by the Reserve Bank of India (RBI), the Repo rate has been increased by 25 basis points...

October 30, 2013

India’s foreign exchange reserves up by $1.9 bn to $281 bn

As per the Reserve Bank of India (RBI), India’s Forex reserves increased for a third consecutive week adding  rasing it by $1.9 billion to touch $281.12 billion on...

October 29, 2013

RBI cuts MSF rate by 50 bps to 9.0%

The Reserve Bank of India has reduced one of the key short-term borrowing rate, the Marginal Standing Facility (MSF), by 50 basis points to 9.0%. The step has...

October 10, 2013

Current Account Deficit (CAD) in Q1 surges to $21.8 billion

As per the Reserve Bank of India (RBI), India’s Current Account Deficit (CAD) for the first quarter ended June 2013 has widened to 4.9% of Gross Domestic Product...

October 4, 2013

Raghuram Rajan awarded with the Deutsche Bank Prize

Reserve Bank of India Governor Raghuram Rajan was awarded with the Deutsche Bank Prize for Financial Economics 2013. The award has been given in recognition to his academic...

October 2, 2013

RBI eases trade credit rules to raise funds from overseas

The Reserve Bank of India eased trade credit norms to raise funds from abroad. As per RBI’s notification, all types of firms can avail trade credit facility now...

October 1, 2013

RBI directs Banks to end zero interest EMI schemes

In a major blow to the banks and merchant establishments, the Reserve Bank of India has instructed banks to stop offering zero interest EMI (Equated Monthly Installment) schemes...

October 1, 2013

RBI will use OMOs to ensure liquidity

Giving assurance to the markets, the Reserve Bank of India said that it will take actions, including Open Market Operations (OMOs), to ensure adequate liquidity in the system. The central bank’s assurance follows...

October 1, 2013

Impasse over RBI's 80:20 gold import scheme ends

The government cleared the confusion that was going between the Customs Department and gold importers regarding the RBI’s 80:20 scheme which was introduced in July 2013. What is...

September 24, 2013

Archives

Archives

Archives