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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.
Infertility in male animals is caused due to the deficiency of
Which amendment deals with urban local governance, similar to the 73rd amendment for rural areas?
National Centre for Integrated Pest Management (NCIPM) is located at:
Vertical movement of water in the soil is known as _________.
Trashing, Arrowing and Ratooning are common practices in
A form of expression of quantity of water required for irrigation to bring a crop maturity is called ______.
According to CRIDA how much is the Depth at which Deep Ploughing is done?
Which institution took over the role of the Planning Commission in 2014?
Which type of agriculture policy aims to provide subsidies and incentives to promote agriculture exports?
Eriosoma lanigerum, Woolly aphid, is an important pest in which of the following?