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The Monetary Policy Committee (MPC) has been constituted by central government in September 2016 for maintaining price stability, while keeping in mind the objective of growth.The Monetary Policy Committee consists of six members of which three Members are from the RBI and the other three Members of MPC are appointed by the Central Government.
Monetary Policy Committee and its functions
The Monetary Policy Committee (MPC) has been constituted by central government in September 2016 for maintaining price stability, while keeping in mind the objective of growth.The Monetary Policy Committee consists of six members of which three Members are from the RBI and the other three Members of MPC are appointed by the Central Government.
Monetary Policy Instruments and Tools
Monetary Policy instruments or Monetary Policy Tools are employed by Reserve Bank of India to achieve the objectives of price stability and higher economic growth.
Monetary Policy tools are classified into Quantitative and Qualitative Monetary Policy Tools/Instruments.
Quantitative Monetary Policy Instruments includes CRR, SLR, LAF, Repo Rate, Reverse Repo Rate, MSF, Bank Rate, Open Market Operations, Long Term Repo Operations, Operation Twist.
Quantitative Monetary Policy Tools includes Selective Credit Control and Moral Suasion.
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Regulators of Banks and Financial Institutions in India
The Regulators of Banks and Financial Institutions are entrusted with responsibilities of development and regulation of financial sector. This video answers Regulators of Banks and Financial Institutions RBI Grade B questions. Necessity of regulatory framework for the financial system has been universally felt, primarily to safeguard the interests of a large number of savers/depositors and also to ensure proper and efficient functioning of the institutions that are part and parcel of the financial system.
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What is Swamitva Yojana | What is Swamitva Scheme 2020 | Rural Property Mapping using Drone Technology
Swamitva Yojana (Survey of villages and mapping with improvised technology in village areas), a Central Sector scheme has been launched on April 24 2020, the Panchayati Raj Diwas for surveying the land parcels in rural inhabited area using Drone technology. Swamitva Yojana will cover about 62 lakh villages in the country. Ministry of Panchayati Raj is the implementing agency of the Swamitva Scheme.
Pilot Phase will extend to six pilot States: Haryana, Karnataka, Madhya Pradesh, Maharashtra, Uttar Pradesh and Uttarakhand covering approx. 1 lakh villages
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National Technical Textiles Mission Explained
National Technical Textiles Mission which aims at positioning India as a global leader in technical textiles. The total outlay of scheme is Rs 1480 Crore. The Mission would have a four year implementation period from FY 2020-21 to 2023-24. The National Technical Textiles Mission has four components
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Ayushman Bharat Yojana Explained | National Health Authority | Health and Wellness Centres | PMJAY
Ayushman Bharat was launched as recommended by the National Health Policy 2017, to achieve the vision of Universal Health Coverage (UHC). It comprising of two inter-related components: Health and Wellness Centres (HWCs) and Pradhan Mantri Jan Arogya Yojana (PMJAY). National Health Authority (NHA) is the apex body responsible for implementing Pradhan Mantri Jan Arogya Yojana.
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National Infrastructure Pipeline Explained | Rs 102 lakh crore Infrastructure Plan #RBIGradeB2020
National Infrastructure Pipeline, a Rs 102 lakh crore of infrastructure projects launched by Union finance minister Nirmala Sitharaman for next five years as part of the government’s spending push in the infrastructure sector.
Pradhan Mantri Shram Yogi Maan-Dhan (PM-SYM)
Government of India has launched a voluntary and contributory pension scheme for unorganised workers namely Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM) to ensure old age protection for Unorganised Workers.
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PM-KISAN (Pradhan Mantri Kisan Samman Nidhi)
Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) aims to supplement the financial needs of the farmers in procuring various inputs to ensure proper crop health and appropriate yields, commensurate with the anticipated farm income.
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Honey Mission - Sweet Revolution by Papertyari
Honey Mission was launched August 2017 in line with Prime Minister Narendra Modi’s call for ‘Sweet Revolution’. Beekeeping has the potential to offer direct employment to lakhs of people especially hill dwellers, tribal and farmers.
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