Current Affairs

GK MCQs Section

Page-12 of Reserve Bank of India

Indian Air Force SASO conference inaugurated

On July 2, 2020, the Indian Air Force Senior Air Staff Officers (SASO) conference was inaugurated by Chief of air staff and air chief marshal. Highlights The conference...

July 3, 2020

RBI releases International Investment Position

On June 30, 2020, Reserve Bank of India released its data on International Investment Position, IIP. Highlights According to the data, the direct investment in the country rose...

July 1, 2020

Lifetime Achievement Award to Ex-RBI Governor Rangarajan

On June 29, 2020, former RBI Governor C Rangarajan was conferred with lifetime achievement award for his contributions. The award was presented on the side lines of celebration...

June 30, 2020

GoI introduces Floating Rate Savings Bonds

On June 26, 2020, the Government of India introduced Floating Rate Savings Bonds. Highlights The bond is to replace savings bonds that were offered by GoI till May...

June 27, 2020

Cooperative Banks brought under RBI

On June 24, 2020, the Union Cabinet chaired by PM Modi approved to bring cooperative banks under the Reserve Bank of India. This is to be done through...

June 25, 2020

Scheme with Guarantee Cover worth Rs 20,000 Crore launched for MSMEs

This scheme was announced as a part of the AtmaNirbhar Bharat Package by Finance Minister back on 13th May 2020. On 24th June 2020, the Credit Guarantee Scheme...

June 24, 2020

India becomes 12th Largest Holder of US Government Securities at April 2020 end

Despite low returns, the Treasury Securities (are of four types- Bills, Notes, Bonds, Inflation-Protected Securities) backed by the United States Treasury Department is one of the safest assets...

June 22, 2020

RBI extends restrictions on PMC Bank, eases Withdrawal Limit

The Reserve Bank of India on 19th June 2020 has extended the regulatory restrictions imposed on the multi-state urban Cooperative Bank, Punjab and Maharashtra Cooperative Bank Limited (PMC...

June 20, 2020

RBI extends authorization issued to Vakrangee to own and operate WLA

The Reserve Bank of India (RBI) has extended the validity of authorization issued to IT service management company Vakrangee, to setup, own and operate the White Label ATMs...

March 21, 2020

RBI conducts OMO for purchase of Rs 10,000 crore worth government securities

The Reserve Bank of India (RBI) is conducting Open Market Operations (OMO) in the form of purchase of Rs 10,000 crore worth government securities. This important step of...

March 21, 2020

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