Tag: COVID-19 impact

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How the RBI is handling ‘The Great Lockdown’?

Topics Covered: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment. How the RBI is handling ‘The Great Lockdown’? What to study? For Prelims: Key measures announced and related key terms. For Mains: Need for and significance of these measures, implications? Context: The International Monetary Fund has christened the ongoing economic …

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Insights into Editorial: RBI’s regulatory changes are crucial in the current economic scenario

  Context: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) convened for an emergency meeting, ahead of schedule, to discuss its response to the economic challenges posed by the Covid-19 outbreak. RBI Policy interest rate by 75 basis points: The rate is now lower than it was in April 2009, when the central …

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