Retail Inflation Subject – Economy Context – Dec retail inflation at five-month high 5.59% Concept – To know about Retail inflation, please refer December 2021 DPN.
Index of Industrial Production (IIP) Subject – Economy Context – IIP drops to 1.4% in Nov; Concept – To know about IIP, please refer September 2021 DPN.
Overhaul of Commodity Boards Subject – Economy Context – Centre moves to overhaul commodity boards Concept – In what could completely overhaul the current structure governing cash crops such as tea, coffee, rubber and spices, the Union government has come out with draft Bills that propose to recast bodies such as the Tea […]
Reserve Bank-Integrated Ombudsman Scheme 2021 (RB-IOS) Subject – Economy Context – Volume of complaints under Ombudsman Schemes up’ Concept – The volume of complaints received under the Ombudsman Schemes has gone up by 22.27 per cent on an annualised basis to stand at 3,03,107 as at March-end 2021, according to the Annual Report […]
Digital Currency Subject – Economy Context – There is a strong need and role for digital currency: Sanjiv Bajaj Concept – Digital currency is a form of currency that is available only in digital or electronic form. It is also called digital money, electronic money, electronic currency, or cybercash. Digital currencies are currencies […]