RBI

1 Jun | UPSC Current Affairs: Sharavathi River, Dag Hammarskjold Medal, EMigrate Project & More

UPSC GS 1 Sharavathi River News: The National Green Tribunal (NGT) has ordered the State Environment Impact Assessment Authority to stop illegal sand mining in the Sharavathi river coastal zone. Sharavathi River: Flow Direction: West, draining into the Arabian Sea. Origin: Ambutirthha in the Western Ghats, Shimoga district, Karnataka. Notable Waterfall: Jog Falls, one of […]

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RBI’s Record Surplus Transfer to Central Government: Opportunities and Challenges UPSC

Introduction The Central Board of the Reserve Bank of India (RBI) recently approved a significant surplus transfer of Rs. 2.11 lakh crore to the Central Government for the accounting year 2023-24. This amount represents a substantial increase of 141% compared to the previous year’s (2022-23) transfer of Rs. 87,416 crore. How does the RBI generate

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