Online Learning Portal
DAILY NEWS ANALYSIS
19 July, 2022
8 Min Read
STEP TO BOOST FOREX INFLOW
Recently, the Reserve Bank of India (RBI) has undertaken measures to increase forex inflows, amid the depreciation of the Indian rupee.
Why has the RBI taken Measures to Boost the Forex reserve?
What is a Forex Reserve?
Foreign exchange reserves are assets held on reserve by the Central Bank (RBI) in foreign currencies, which includes bonds, treasury bills, and other government securities.
Most foreign exchange reserves are held in US dollars. Other components of foreign exchange reserve includes:
What are the Measures to boost foreign reserves?
FPI is the route for foreign investment in India. It includes investments in shares of listed Indian companies, Non-Convertible Debentures, units of domestic Mutual Fund, Government Securities, Security Receipts, etc.
ECBs are loans in India made by non-resident lenders in foreign currency to Indian borrowers. It is used to facilitate access to foreign money by Indian corporations and public sector undertakings.
|
What are ECBs taken by Indian companies?
Why do Indian firms go for ECBs?
|
Source: The Hindu
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
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
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
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
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
Our Popular Courses
Module wise Prelims Batches
Mains Batches
Test Series