Online Learning Portal
Online Learning Portal
Hybrid Classes
We provide offline, online and recorded lectures in the same amount.
Personalised Mentoring
Every aspirant is unique and the mentoring is customised according to the strengths and weaknesses of the aspirant
Topicwise Mindmaps
In every Lecture. Director Sir will provide conceptual understanding with around 800 Mindmaps.
Quality Content
We provide you the best and Comprehensive content which comes directly or indirectly in UPSC Exam.
DAILY NEWS ANALYSIS
PRINT
14 September, 2025
3 Min Read
Indranil Bhattacharyya, Executive Director at RBI, has been appointed as a member of the Monetary Policy Committee (MPC).
Role:
The MPC is responsible for deciding the key policy interest rate (repo rate) that controls inflation to ensure price stability while supporting economic growth.
Legal Basis:
Set up under Section 45ZB of the Reserve Bank of India Act, 1934, amended in 2016 to incorporate a flexible inflation targeting framework.
Inflation Target:
The government, in consultation with RBI, sets the inflation target every five years. The MPC decides the repo rate needed to achieve this target.
Function:
To fix the benchmark policy rate to keep inflation within the target range.
Composition:
Total 6 members:
RBI Governor (Chairperson)
RBI Deputy Governor (in charge of monetary policy)
One official nominated by RBI Board
Three members nominated by the Government of India (external experts) with a 4-year term each
Quorum: Minimum 4 members (including Governor or Deputy Governor)
Decision-making:
Decisions made by majority voting.
RBI Governor holds a casting vote in case of a tie.
MPC decisions are binding on the RBI.
Meetings:
Must meet at least four times annually.
Support:
RBI’s Monetary Policy Department (MPD) assists the MPC in its work.
Source: THE HINDU
03 Dec, 25
On 1st November, eight Indian states—Andhra Pradesh, Chhattisgarh, Haryana, Karnataka, Kerala, Madhya Pradesh, Punjab, and Tamil Nadu—along with five Union Territories—Andaman and Nicobar Islands, Chandigarh, Delhi, Lakshadweep, and Puducherry—celebrate their Formation Day. This date marks an important milestone in India
02 Dec, 25
The Turtle Wildlife Sanctuary, also known as the Kachhua Sanctuary, is located in the Varanasi district of Uttar Pradesh. It is recognised as India’s first freshwater turtle wildlife sanctuary, established to conserve endangered turtle species and support the ecological health of the Ganga River. Location and Extent The sanctuary co
02 Dec, 25
The Ministry of Education plans to introduce Artificial Intelligence (AI) and Computational Thinking (CT) from Class 3 onwards in the 2026–27 academic year. This initiative is part of the National Curriculum Framework for School Education (NCF-SE) 2023 and aligns with the National Education Policy (NEP) 2020. The aim is to prepare student
02 Dec, 25
Scientists from the Environment Department of Himachal Pradesh University (HPU) in Shimla have recently revealed that the Sal tree (Shorea robusta) is the most effective natural air purifier for combating rising pollution levels. Their findings highlight the tree’s superior capacity to trap dust, absorb gases, and cleanse the air compared
02 Dec, 25
The President of the United States has ordered the resumption of nuclear weapon testing after a gap of 33 years, the last test being in 1992. This decision marks a significant shift in global nuclear policy and has far-reaching implications for geopolitics, the environment, and international security. Status of Global Nuclear Weapon Testing
03 Dec,2025
Our Popular Courses
Module wise Prelims Batches
Mains Batches
Test Series
24 × 7 Support :
8287714422
Whatsapp :
8010068998
Email Us: query@aspireias.com
My Notes
Geography And Environment
