The Central Bank’s Surplus Transfer Framework

Source: THSubject: Economy Context: The Reserve Bank of India (RBI) has approved a monumental, record-breaking surplus transfer of ₹2.87 lakh crore to the Union Government for the financial year 2025–26 (FY26). While consistent with the Economic Capital Framework (2019), the unprecedented payout has sparked debate over central bank independence, fiscalisation, and its implications for fiscal …

European Central Bank (ECB)

Source: IESubject: International Organisation Context: The Reserve Bank of India (RBI) and the European Central Bank (ECB) signed a Memorandum of Understanding (MoU) to enhance cooperation in central banking. European Central Bank (ECB) About European Central Bank (ECB): What it is? The European Central Bank (ECB) is the prime monetary authority of the European Union …

[Mission 2023] INSIGHTS DAILY CURRENT AFFAIRS + PIB SUMMARY 08 March 2023

InstaLinks :  help you think beyond the issue but relevant to the issue from UPSC prelims and Mains exam point of view. These linkages provided in this ‘hint’ format help you frame possible questions ina your mind that might arise(or an examiner might imagine) from each current event. InstaLinks also connect every issue to their …

[Mission 2023] INSIGHTS DAILY CURRENT AFFAIRS + PIB SUMMARY 04 March 2023

InstaLinks :  help you think beyond the issue but relevant to the issue from UPSC prelims and Mains exam point of view. These linkages provided in this ‘hint’ format help you frame possible questions ina your mind that might arise(or an examiner might imagine) from each current event. InstaLinks also connect every issue to their …