03 March, 2020
3 Min Read
Syllabus subtopic: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment.
Prelims and Mains focus: about LTRO: features and significance
News: The Reserve Bank of India had received Rs.1.71 lakh crore in the third long-term repo operation (LTRO) conducted for an amount of Rs.25,000 crore. The central bank received 66 bids in the three-year tenor LTRO, which has a reversal date on March 1, 2023.
What is a long-term repo operation (LTRO)?
Why is it important?
Features of Long-Term Repo Operations (LTRO)
Source: The Hindu
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Social Audit of Social Sector Scheme The Rajasthan government has made the first-ever decision in the nation to create a specialized social and performance audit authority to undertake social audits of initiatives. What does this decision mean, exactly? Make public accountability a priority: In addition to conducting performance
Dharamshala Declaration 2022 & Tourism In India A recent three-day national tourist conference saw the introduction of the "Dharamshala Declaration 2022." Details about the news In the National Conference, the Center announced a comprehensive plan for the tourism industry. By 2024, tourism will have returned to its p
National Assessment & Accreditation Council (NAAC) & Higher Education The Maharaja Sayajirao University of Baroda's National Assessment and Accreditation Council (NAAC) ratings recently sparked controversy since the institution's grade increased from A to A+ as a result of improvements across all areas. What is India's
Ethereum Merger The second-most valued cryptocurrency in the world, Ethereum, just underwent a substantial software upgrade. About: Ethereum redesign: This process is referred to as "The Merge." It will do away with the requirement for cryptocurrency miners and massive mining farms, which previously powered the blockchai
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