Current Affairs

GK MCQs Section

Page-3 of Repo Rate

RBI cuts Reverse Repo rate to 3.75%, Rs 50,000 crores for LTRO 2.0

On April 17, 2020, the Reserve Bank of India announced a slew of measures after GoI extended the lock down till May 3, 3030. The Apex bank cut...

April 17, 2020

RBI: CPI Inflation to ease from 4.8% to 4.4% in Q2

On April 9, 2020, the Reserve Bank of India projected that the consumer Price Index is to ease from 4.8% in Q1 to 4.4% in Q2 of the...

April 9, 2020

RBI: Cuts repo rate to 4.4%; CRR to 3%; 3-month moratorium allowed on all loans

On March 27, 2020, the Reserve Bank of India announced series of measures to counter economic slowdown caused due to COVID-19. The Central bank advanced its Monetary Policy...

March 27, 2020

What is Forex Swap and LTRO suggested by RBI governor to support Liquidity in India?

The RBI Governor recently stated that the apex bank has several armoury of weapons and it will not hesitate to deploy them. Two of the measures suggested by...

March 17, 2020

RBI conducts one-year and three-year tenor LTRO to reduce banks’ lending rates

The Reserve Bank of India is conducting one-year and three-year tenor LTRO to help banks to reduce their lending rates. In the latest bi-monthly policy review, it announced term...

March 4, 2020

RBI Monetary Policy – Repo rate remains 5.15%

The Reserve Bank of India (RBI) recently conducted its sixth bi-monthly Monetary policy committee (MPC) meeting and released the statement. The repo rate was left unchanged at 5.15%,...

February 6, 2020

RBI fifth bi-monthly Monetary Policy released

The Reserve Bank of India on December 5, 2019, released its fifth bi-monthly monetary policy statement for the year 2019-20. Highlights According to the policy, the repo rate...

December 5, 2019

5th Bi-monthly Monetary Policy 2019-20

The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) headed by the Governor of RBI, Shaktikant Das, voted unanimously to keep the policy rate...

December 5, 2019

5% additional Dearness Allowance approved

Additional installment of Dearness Allowance and Dearness Relief was approved by the Union Cabinet on October 9, 2019. According to the approval, the central government employees are provided...

October 10, 2019

RBI Consumer Confidence Survey, 2019

According to RBI Consumer Confidence Survey, the consumer confidence dipped to a six-year low. The federal bank says that this is mainly due to decline in employment, income...

October 8, 2019

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