The Monetary Policy Committee kept interest rates unchanged with a 5:1 vote in favor. RBI Governor - Shaktikanta Das Agricultural Revolutions in India October 10, 2024 Green revolution: M.S.Swaminathan Protein revolution: Coined by Narendra Modi and Arun Jaitely ...
The roots of cooperative Societies in India were sown when the first Cooperative Societies Act was passed in 1904. The Government Passed the Co-operative Societies Act of 1912. The National Development Council (NDC) recommended a national policy on cooperatives and the setting up of Cooperative ...
In Current Affairs for 26 May 2024, we will see the latest national and international current affairs news. These important current affairs will be
day.RBIwas established on April 1, 1935, under the provisions of the Reserve Bank of India Act, 1934. It was set up on the recommendations of the Hilton Young Commission. It is the central bank of India and regulates the banking system in India. It also regulates the monetary policy of...
Until the Monetary Policy Committee was established in 2016, it also controlled monetary policy in India. The Reserve Bank of India (RBI) has amended the gold monetisation scheme regulations relating to the eligibility criteria for making deposits. According to a notification says the Gold ...
Until then, the only policy option before the Government of India and RBI is to stimulate the domestic demand through fiscal and monetary measures.Key words:Financial crisis, developing economies, GDP, recession, government stimulus, fiscal measures....
The Reserve Bank of India’s (RBI) 6-members Monetary Policy Committee (MPC) met on 6th, 7th and 8th June 2023 and released itssecondbi-monthly monetary policy statement forFY24(Financial year 2023-2024). Key Points: i.The MPC has decided to keep the policy rates under the liquidity adj...
How accurate is IMF's prediction about India's economic growth, and what does that mean for the Indian economy? How does monetary policy affect economic growth? How, in general, can a financial crisis lead to a recession? What are the different economic fiscal policies? How do these...
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Current Affairs August 11, 2023: Sinking of Joshimath, Collegium System, National Social Assistance Programme, Monetary Policy, Open Market Sale Scheme Current Affairs August 10, 2023: PM-JAY, Rohini Commission, CAG, NCBC, Gig Workers, Great Nicobar Project, CHIPS Act of the US, Space Debris ...