RBI

Inflation in India: Rising Prices and Economic Impact | UPSC

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Introduction The Economic Survey 2023-24 has proposed significant changes to India’s approach to inflation management.  It recommends removing food prices from the inflation target and shifting the focus from ‘headline’ to ‘core’ inflation.  This shift has raised concerns about whether excluding food items will achieve the desired outcomes. Inflation Inflation refers to the sustained increase […]

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

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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

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

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

/ Mains Articles /

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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