Quality control Order not protective Subject :Economy Section: msc Quality Council of India (QCI) The Quality Council of India (QCI) works for promotion of Quality Standards across various economic and social sectors such as manufacturing, education, health and environment. The QCI has been established as a National body for Accreditation on recommendation of […]

    De-dollarisation: the race to attain the status of global reserve currency Subject : Economy Section: External Sector Concept : De-dollarisation De-dollarisation refers to the replacement of the U.S. dollar by other currencies as the global reserve currency. A reserve currency refers to any currency that is widely used in cross-border transactions and is […]

    Don’t increase unsecured loans exposure: RBI to banks Subject :Economy Section: Monetary Policy Why in News? As part of increasing caution amidst growing macro-economic uncertainties and bank collapses in the US and Europe, India’s central bank is asking banks to be watchful over their retail portfolios, particularly the unsecured loans. These include personal […]

    RBI guidelines to help mobilise domestic capital towards green activities Subject :Economy Section Monetary policy Context: Reserve Bank of India (RBI) has issued a framework for green deposits, which are investments meant to be used towards environmentally sustainable projects. More on the News: The purpose and rationale for the framework, RBI said is […]

    India reliance on imported crude oil at record high of 87.3% in FY23 Subject: Economy Section: External sector Rising demand for fuel and other petroleum products amid flagging domestic crude oil output has resulted in India’s reliance on imported crude increasing to a record 87.3 per cent of domestic consumption in 2022-23, up […]

    EU’s new crypto-legislation Subject : Economy Section: Monetary Policy Concept : The European Parliament, the legislative body of the 27-country block European Union, has approved the world’s first set of comprehensive rules to bring largely unregulated cryptocurrency markets under the ambit of regulation by government authorities. About the new legislation The regulation is […]

    RBI refuses exceptions on CRR, SLR; gives some leeway on PSL, investments for merger: HDFC Bank Subject: Economy Section Monetary Policy Context: HDFC Bank said the Reserve Bank has refused to make any exceptions on cash reserve ratio (CRR) and statutory liquidity ratio (SLR) requirements as sought by it ahead of the merger […]

    Centre for Processing Accelerated Corporate Exit (C-PACE) Subject: Economy Section: Msc Context: Centre for Processing Accelerated Corporate Exit (C-PACE), an initiative of the Central Government to accelerate the process for voluntary winding up of companies, will go live from May 1. More about C-PACE: C-PACE or Centre for Processing Accelerated Corporate Exit is […]