Question
What is the maximum time period given to the states to
repay the Ways and Means Advances extended to them by the RBI?Solution
Ways and Means Advances are extended by the Reserve Bank of India to the states in order to help them meet the temporary mismatch in the cash flow. The states can repay the advance within a maximum period of 90 days. There is no such facility given to the central government by the central bank. WMA is guided by the Section 17(5) of the RBI Act 1934.
On which date UNICEF Day is celebrated annually?
As per the Reserve Bank of India report State Finances: A Study of Budgets 2025–26, what percentage of Kerala’s population was aged 60 years and abo...
Mission Basundhara 3.0, launched by Assam, focuses on providing:
The Securities and Exchange Board of India (SEBI) has mandated the submission of legal entity identifier (LEI) details for all non-individual foreign po...
With reference to the Polar Satellite Launch Vehicle (PSLV), consider the following statements:
1. PSLV has been used by ISRO to launch various s...
In which city is the ‘Pusa Krishi Vigyan Mela’ being organized?
India’s first lithium cell manufacturing facility is launched in which state?
Consider the following statements about National Geoscience Data Repository (NGDR) Portal:Â
1.     Union Ministry of Mines launch the NGDR...
According to the RBI's Urban Consumer Confidence Survey (UCCS) for May 2025, what is the value of the Current Situation Index (CSI)?
Who is the Chairman of AYUSHEXCIL signing the MoU with Zepto Limited?
