UPSC CURRENT AFFAIRS – 24 June 2024 covers important current affairs of the day, their backward linkages, their relevance for Prelims exam and MCQs on main articles InstaLinks : Insta Links help you think beyond the current affairs issue and help you think multidimensionally to develop depth in your understanding of these issues. These …
Source: RBI Context: Reserve Bank of India (RBI) revises Priority Sector Lending (PSL) norms What is Priority Sector Lending (PSL)? Priority Sector Lending (PSL) is a mandate by the Reserve Bank of India (RBI) to ensure that vulnerable sectors receive adequate credit. The purpose of PSL is to promote inclusive development by directing funds to …
Topics Covered: Issues related to direct and indirect farm subsidies and minimum support prices; Public Distribution System objectives, functioning, limitations, revamping; issues of buffer stocks and food security; Technology missions; economics of animal-rearing. Priority Sector Lending (PSL): Context: The Reserve Bank of India has assigned priority sector lending (PSL) status to India’s startup sector. Significance of the move: RBI opening …
