Question
Which recommendation did the RBI’s Internal Working
Group (2025) make regarding the 14-day variable rate repo/reverse repo operations?Solution
The Internal Working Group (IWG) 2025 report recommended discontinuing the 14-day variable rate repo/reverse repo as the main liquidity management tool. The reason is that banks generally avoid locking funds for such a long period, especially when liquidity forecasts are uncertain. Instead, the group suggested weekly operations with flexible fine-tuning, which would enable better liquidity smoothing and enhance monetary policy transmission. This shows RBI’s intent to make liquidity management more adaptive to market realities.
The 54th GST Council meeting proposed exempting which of the following from GST?
Which country has applied to join the BRICS group and offered to contribute $1.5 billion to the BRICS Bank?
The Ministry of Commerce & Industry has released the 5th edition of the LEADS annual exercise - LEADS 2023 report, which provides insights into improvem...
Who topped the Bloomberg World’s Richest Families 2024 list?
Which among the following has won the best Music Original Song?
Match the following:
    Super Computers                                       Installed Location
Which stadium will host its first-ever Women’s Test between India and England in 2026?
 In Jan 2024, who was appointed as the Chairman and Managing Director (CMD) of Power Grid Corporation?
What significant step did NTPC take to support the GREEN initiative?
Where is the world's first conservation and breeding centre for Asian king vultures being established?
