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Questions and Answers
What is the target for CPI inflation set by the Central Government for the period from August 5, 2016, to March 31, 2021?
What is the target for CPI inflation set by the Central Government for the period from August 5, 2016, to March 31, 2021?
What are the upper and lower tolerance limits for the inflation target established in 2016?
What are the upper and lower tolerance limits for the inflation target established in 2016?
Which committee is responsible for determining the policy rate to achieve the inflation target?
Which committee is responsible for determining the policy rate to achieve the inflation target?
What was the revision of India's growth forecast by Fitch Ratings for the current financial year?
What was the revision of India's growth forecast by Fitch Ratings for the current financial year?
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What percentage of GDP was the fiscal deficit target proposed for FY25?
What percentage of GDP was the fiscal deficit target proposed for FY25?
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What factor contributed to the drop in LNG imports in May?
What factor contributed to the drop in LNG imports in May?
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What key reason led to the improved forecast for India's economic growth?
What key reason led to the improved forecast for India's economic growth?
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Under which section of the RBI Act is the inflation target determined?
Under which section of the RBI Act is the inflation target determined?
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What is the current repo rate set by the RBI?
What is the current repo rate set by the RBI?
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What is the revised GDP growth projection for 2024-25 according to the RBI?
What is the revised GDP growth projection for 2024-25 according to the RBI?
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What was the primary reason for the RBI keeping the repo rate unchanged?
What was the primary reason for the RBI keeping the repo rate unchanged?
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In which section of the BeePedia is the RBI information located?
In which section of the BeePedia is the RBI information located?
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How does the recent repo rate decision relate to inflation?
How does the recent repo rate decision relate to inflation?
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What is one potential impact of maintaining a high repo rate?
What is one potential impact of maintaining a high repo rate?
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What does a repo rate signify in the context of the economy?
What does a repo rate signify in the context of the economy?
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What document might you refer to for the latest updates on economic indicators like GDP and inflation?
What document might you refer to for the latest updates on economic indicators like GDP and inflation?
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Who has been appointed as the convenor of the reconstituted GoM on GST rate rationalisation?
Who has been appointed as the convenor of the reconstituted GoM on GST rate rationalisation?
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What is one of the primary objectives of the GoM tasked with GST rate rationalisation?
What is one of the primary objectives of the GoM tasked with GST rate rationalisation?
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Which of these ministers is NOT a member of the reconstituted GST rate rationalisation panel?
Which of these ministers is NOT a member of the reconstituted GST rate rationalisation panel?
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How many broad tax slabs are currently in the GST regime?
How many broad tax slabs are currently in the GST regime?
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In which year was the original GoM on GST rate rationalisation set up?
In which year was the original GoM on GST rate rationalisation set up?
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What is the primary role of the GST Council?
What is the primary role of the GST Council?
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What was the interim report submitted by the original GoM intended to do?
What was the interim report submitted by the original GoM intended to do?
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Which of the following topics does the GST Council plan to deliberate on in its 53rd meeting?
Which of the following topics does the GST Council plan to deliberate on in its 53rd meeting?
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What was the percentage increase in Tata AIA's declared amount compared to FY23?
What was the percentage increase in Tata AIA's declared amount compared to FY23?
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How much did Tata AIA's Assets Under Management (AUM) grow in the last two years?
How much did Tata AIA's Assets Under Management (AUM) grow in the last two years?
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What was the total fine imposed by SEBI on Hexa Tradex Ltd and its associates?
What was the total fine imposed by SEBI on Hexa Tradex Ltd and its associates?
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What was the percentage increase in LIC's Assets Under Management (AUM) year-on-year?
What was the percentage increase in LIC's Assets Under Management (AUM) year-on-year?
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As of the end of March, how much did LIC’s AUM reach?
As of the end of March, how much did LIC’s AUM reach?
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According to the survey, what percentage was Rural India's average monthly capital expenditure lower than Urban India's?
According to the survey, what percentage was Rural India's average monthly capital expenditure lower than Urban India's?
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What was Rural India's average per capita consumption expenditure (MPCE) during the survey period?
What was Rural India's average per capita consumption expenditure (MPCE) during the survey period?
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What significant milestone did LIC achieve that surpasses Pakistan's GDP?
What significant milestone did LIC achieve that surpasses Pakistan's GDP?
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What is the primary feature of the Unified Payments Interface (UPI)?
What is the primary feature of the Unified Payments Interface (UPI)?
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What was the significant milestone for UPI recorded in May?
What was the significant milestone for UPI recorded in May?
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What was the total value of UPI transactions in May?
What was the total value of UPI transactions in May?
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What was the dividend paid by State Bank of India (SBI) to the government for the financial year 2023-24?
What was the dividend paid by State Bank of India (SBI) to the government for the financial year 2023-24?
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What was the dividend declared per share by SBI for the financial year 2023-24?
What was the dividend declared per share by SBI for the financial year 2023-24?
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Which organization manages the Unified Payments Interface (UPI)?
Which organization manages the Unified Payments Interface (UPI)?
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How much was the fiscal deficit for FY 2023-24 as a percentage of GDP?
How much was the fiscal deficit for FY 2023-24 as a percentage of GDP?
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By how much did SBI's consolidated net profit increase in FY24 compared to the previous fiscal year?
By how much did SBI's consolidated net profit increase in FY24 compared to the previous fiscal year?
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What drove the improvement in the fiscal deficit for FY 2023-24?
What drove the improvement in the fiscal deficit for FY 2023-24?
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What percentage of the stake does the Government of India hold in Bank of Maharashtra (BoM)?
What percentage of the stake does the Government of India hold in Bank of Maharashtra (BoM)?
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What is the amount of dividend declared by Bank of Maharashtra (BoM) for FY24?
What is the amount of dividend declared by Bank of Maharashtra (BoM) for FY24?
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What was the GDP growth for the fiscal year 2023-24?
What was the GDP growth for the fiscal year 2023-24?
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What was the increase in net profit for Bank of Maharashtra (BoM) in FY24 compared to the previous fiscal year?
What was the increase in net profit for Bank of Maharashtra (BoM) in FY24 compared to the previous fiscal year?
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Which entity conducted the pilot launch of UPI?
Which entity conducted the pilot launch of UPI?
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What restriction has SEBI implemented concerning financial influencers?
What restriction has SEBI implemented concerning financial influencers?
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What is the main reason for SEBI's prohibition on engagement with unregistered persons?
What is the main reason for SEBI's prohibition on engagement with unregistered persons?
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Study Notes
Monthly BeePedia June 2024 Index
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RBI, Banking, and Economy
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SEBI and Financial Awareness
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NABARD and Agriculture
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National
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International
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States
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Reports and Indexes
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Science and Technology
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Defence
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Events
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Awards & Rewards
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Appointments
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Important Days
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Obituaries
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Books
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Sports
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Downloadable documents include weekly and monthly BeePedia updates, available in English and Hindi
RBI, Banking, and Economy
- RBI kept the repo rate unchanged at 6.5%
- GDP forecast revised to 7.2%
- CPI inflation projection for FY25 is 4.5%
- Monetary policy stance is 'withdrawal of accommodation'
- Food inflation and input costs are challenges for achieving the 4% inflation target.
- RBI approves voluntary amalgamation of two Telangana cooperative banks.
- RBI launched the HaRBInger 2024 global hackathon.
- Outward FDI commitments were nearly flat at $2 billion in May 2024.
- Equity commitments rose marginally to $1.02 billion.
- Debt commitments increased.
- Guarantees for overseas units declined.
- RBI conducted a three-day Variable Rate Repo (VRR) auction under LAF.
- RBI cancelled the licence of Purvanchal Cooperative Bank.
- RBI's Foreign Currency Transactions in April 2024.
- RBI Launches Survey on International Trade in Banking Services (ITBS): 2023-24
- Several other RBI developments and details related to the data in the text
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Description
Explore the key updates from the RBI, focusing on the current repo rate, GDP forecasts, and inflation projections. This quiz covers significant financial metrics and the impact on the economy as outlined in the June 2024 BeePedia. Test your knowledge on recent monetary policies and economic indicators.
