"The RBI has made life easier for banks ;it has given the government the cue for a fiscal support plan "give your opinion.

In recent days ,RBI has taken several steps to mitigate the impact of covid-19 to Indian economy.The successive reduction in the policy rate -first by 75 basis point (100 basis point =1 %) and again by 25 basis points,means that RBI is trying to push money into the market.Reducing policy rate means that the commercial bank has good option to borrow money money from the Central Bank.Currently Policy rate stands at 4% and Reverse repo rate at 3.35 % ,MSF rate at 4.25 % and Bank rate is also 4.25 %.

The result of these step will eventually help the stressed sector will provide some relief particularly to the MSME and the corporate borrowers who are likely to withnes liquidity challenges for an extended period of times.

Das said a combination of monetry,fiscal and administrative measures being undertaken by RBI and the and government would create conditions for a revival of economic activity in the second half of FY21.

Some recent example of committee formed by RBI are :RBI sets up committee to strengthen CIC framework

SSC CGL Notification 2022: SSC CGL notification is likely to come today evening. (With changed pattern )

SSC CGL NOTIFICATION 2022 (With new syllabus and pattern ) The staff selection commission is likely to announce notification for CGL-2022. This year year vacancy is expected to very high due to upcoming parliamentary election. The online notification is likely to remain for 11 September to 1st October 2022.Check the official website of SSC to know the notification status. ssc official website. Image source :SSC Website SSC CGL exam pattern: SSC CGL exam occurs in four tiers: Tier 1 Tier 2 Tier 1 It consist of 60 minutes of composite time. It has four section : Quant Reasoning English General awareness Each section contains equal marks of 25 each ,with 25 questions each. Tier 2 Paper 1 Quantitative Aptitude -90 marks -30 questions English & comprehension -135 marks -45 questions Reasoning - 30 questions -90 marks GK/GS/GA - 25 questions -75 marks Computer -20 questions -60 marks (Qualifying ) Typing test -1000 impre...

How many minutes in a day ?

There are 1440 minutes in a day. 24 x 60 =1440 Where 24 is number of hours in a day and 60 is number of minutes in an hour. Alternatively you can also calculate numbers of seconds in a day. 24x60x60= 86400 seconds in a day. There are seven days a week. Monday Tuesday Wednesday Thursday Friday Saturday Sunday

Know what is "Animal Spirits" in economy?

Animal spirits was a term coined by the famous British economist, John Maynard Keynes , to describe how people arrive at financial decisions, including buying and selling securities, in times of economic stress or uncertainty. In Keynes’s 1936 publication, "The General Theory of Employment, Interest, and Money," he speaks of animal spirits as the human emotions that affect consumer confidence . Today, animal spirits describe the psychological and emotional factors that drive investors to take action when faced with high levels of volatility in the capital markets. The term comes from the Latin spiritus animalis, which means "the breath that awakens the human mind." In some ways, Keynes' insights into human behavior predicted the rise of behavioral economics . KEY TAKEAWAYS Animal spirits come from the Latin spiritus animalis: "the breath that awakens the human mind." It was coined by British economist, John Maynard Keynes i...

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