RBI Monetary Policy Committee Meeting Highlights – December 2023 The recent Reserve Bank of India (RBI) Monetary Policy Committee (MPC) meeting for December 2023 has garnered significant attention among aspirants preparing for various government exams, especially those targeting positions in the financial sector, such as banking, and other civil services. The meeting, conducted bi-monthly, serves…
RBI Monetary Policy Review December 2023: Why RBI Has Kept Repo Rate Unchanged While Growth Forecast Revised Upwards The Reserve Bank of India (RBI) recently concluded its December 2023 Monetary Policy Review, wherein it decided to maintain the repo rate unchanged, despite revising the growth forecast upwards. This move has significant implications not only for…
Monetary Policy Tools in India – A Comprehensive Overview India’s monetary policy plays a pivotal role in shaping the country’s economic landscape. The Reserve Bank of India (RBI) employs various tools to regulate the nation’s monetary policy, aiming to maintain stability, control inflation, and stimulate economic growth. Understanding these tools is crucial for aspirants preparing…
Retail Inflation Drops to 4-Month Low of 4.87% in October The retail inflation rate in India saw a notable decline, reaching a four-month low of 4.87% in October, as reported by the Ministry of Statistics and Programme Implementation. This drop in the Consumer Price Index (CPI) is attributed primarily to the reduction in food prices,…
RBI May Cut Interest Rates in 2024-25 if Food Inflation Is Controlled The Reserve Bank of India (RBI) is at the helm of ensuring economic stability and growth in the country, making it a crucial institution for students preparing for government exams, such as those aiming for civil services, banking, and other positions. Recent predictions…
Who is the Current RBI Governor? In the world of Indian finance and economy, the position of the Reserve Bank of India (RBI) Governor holds immense significance. The RBI Governor plays a pivotal role in shaping the monetary policies of the country, which, in turn, impact various sectors of the economy, including banking, government exams,…
Retail Inflation Cooled from 6.83% in Aug to 5% in Sept In recent economic news, India has witnessed a significant decline in retail inflation, with the rate dropping from 6.83% in August to 5% in September. This development holds critical implications for various sectors, including those that aspirants preparing for government exams like teaching, police,…
RBI Flags High Inflation as Key Risk to Macroeconomic Stability, Vows to Bring Inflation to 4% The Reserve Bank of India (RBI) has raised concerns over rising inflation rates, identifying it as a critical risk to the country’s macroeconomic stability. In its recent announcement, the RBI has pledged to take measures to bring inflation down…
RBI Revealed Its Fourth Bi-Monthly Monetary Policy The Reserve Bank of India (RBI) recently announced its Fourth Bi-Monthly Monetary Policy, which holds significant importance for various government exams, including those for positions in the banking sector, civil services like IAS, and more. In this article, we will delve into the key highlights of this policy…
RBI Deputy Governor M. Rajeshwar Rao Gets One-Year Term Extension In a significant development in the banking sector, the Reserve Bank of India (RBI) has recently extended the term of Deputy Governor M. Rajeshwar Rao by one year. This move has garnered attention and holds relevance for aspirants preparing for various government exams, including those…
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