Asset Reconstruction Companies (ARCs)

11-Apr-2025

Asset Reconstruction Companies (ARCs) are specialized financial institutions that purchase Non-Performing Assets (NPAs) or bad loans from banks and financial institutions. 

Household Savings Rate

11-Apr-2025

The Household Savings Rate refers to the proportion of household income that is saved rather than consumed. 

Urban Cooperative Banks

11-Apr-2025

Urban Cooperative Banks (UCBs) are financial institutions operating in urban and semi-urban areas of India. 

Iran's nuclear program and India's perspective

11-Apr-2025

On April 9, 2025, the US has imposed new sanctions on Iran's nuclear program ahead of nuclear talks with Iran. Iran's development of nuclear weapons can pose a serious threat to the Middle East as well as overall global security.

Ways and Means Advances (WMA)

10-Apr-2025

Ways and Means Advances (WMA) refer to the temporary advances provided by the Reserve Bank of India (RBI) to States/Union Territories (UTs) and the Union Government to address temporary mismatches in their cash inflows and outflows. 

RBI cuts repo rate

10-Apr-2025

The Monetary Policy Committee (MPC) of the Reserve Bank of India has cut the repo rate by 25 basis points for the second consecutive time to 6%.

Devagiri Fort

10-Apr-2025

The Archaeological Survey of India (ASI) is investigating the fire in Devagiri Fort. The Archaeological Survey of India is responsible for the conservation of this fort and regulates its activities under the Ancient Monuments and Archaeological Sites and Remains Act, 1958.

Transparency and accountability in the judiciary

09-Apr-2025

All 33 judges of the Supreme Court have decided to publicly declare their assets following a cash controversy at the residence of a former Delhi High Court judge. This will promote transparency in the judiciary and help strengthen public confidence.

RBI SURPLUS TRANSFER

08-Apr-2025

The Reserve Bank of India (RBI) generates a surplus, which refers to the excess of income over expenditure. 

Mumbai Interbank Offer Rate (MIBOR)

08-Apr-2025

MIBOR stands for Mumbai Interbank Offer RateIt is an interest rate benchmark that reflects the average rate at which Indian banks borrow unsecured funds from each other in the interbank market



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