The Monetary Policy Committee (MPC) maintained a status quo on the policy repo rate between May 2020 and February 2022 after implementing a 115 basis points (bps) reduction between March 2020 and May 2020. Retail inflation has crossed the upper limit of RBI’s tolerance band since January 2022. Sensing a serious risk to price stability, RBI initiated the monetary tightening cycle. In its April 2022 meeting, the committee introduced the Standing Deposit Facility (SDF), which allowed for the deposit of excess funds by banks with the RBI without the necessity of collateral in the form of government securities, thereby allowing effective liquidity management in a collateral-free manner. The SDF, introduced at a rate of 3.75 per cent, replaced the reverse repo rate as the new floor of the Liquidity Adjustment Facility (LAF) corridor. The MPC also indicated a change in stance from ‘Accommodative’ to ‘Accommodative and focused on the withdrawal of accommodation, while supporting growth’ in this meeting, signalling the start of the monetary tightening cycle.
Etawah Pilot Project was launched under the leadership of
Which of the following primary tillage operation is used to invert the soil partially or completely?
The hormone responsible for promoting fruit ripening and senescence is:
…………….. was established in 1972 under the Ministry of commerce and industry for promotion of export of marine products from India.
...Which of the following is known as fertilizer tree?
“Puffiness” is a physiological disorder of which crop?
A hermaphrodite flower is
Indian Head Patents Office is located in
Identify the wrong sequence
Which measure involves cultivating erosion resisting and permitting crops in strips across the slope to break long slopes and prevent soil loss?
