Archive

Revised Priority Sector Lending (PSL) Norms

Current Affairs 07-Apr-2025

The Priority Sector Lending (PSL) norms are designed to ensure that banks provide credit to sectors that are critical for the economic and social development of the country, especially those that are underserved or face financial exclusion. 

Monetary Policy

Current Affairs 07-Apr-2025

Monetary policy refers to the actions undertaken by a country's central bank—in India, the Reserve Bank of India (RBI)—to regulate the money supply, interest rates, and liquidity to ensure price stability and promote sustainable economic growth.

VARIABLE REPO RATE (VRR)

Current Affairs 07-Apr-2025

The Variable Repo Rate (VRR) is a type of liquidity adjustment tool used by the Reserve Bank of India (RBI), where banks can borrow funds for the short term at market-determined interest rates through an auction mechanism. 

India's investment in AI

Current Affairs 07-Apr-2025

The 'Technology and Innovation Report 2025' report was released by the United Nations Conference on Trade and Development (UNCTAD).

Poonam Gupta- New Deputy Governor of RBI

Current Affairs 07-Apr-2025

The Government of India has appointed renowned economist Dr. Poonam Gupta as the new Deputy Governor of the Reserve Bank of India (RBI).

Which are the 10 richest countries in the world and what is India's rank on?

Current Affairs 07-Apr-2025

Usually, the wealth of a country is measured by its Gross Domestic Product or GDP.