UPSC Economy Flashcards for Anki Import.csv
What is India’s nominal GDP rank?
b5th/b
What is the share of direct taxes in 2023-24?
b56.72%/b
Which sector leads tax collection in 2023-24?
bPersonal income tax/b
What is India’s global road network rank?
b2nd/b
What is India’s external debt to GDP in March 2024?
b18.7%/b
Which currency dominates India’s external debt?
bUS Dollar/b
What is the statutory basis for RBI’s Monetary Policy?
bRBI Act, 1934/b
What is the inflation target till March 2026?
b4% +/- 2%/b
Which tool manages RBI’s excess liquidity?
bOpen Market Operations/b
What is the Monetary Policy Committee’s main goal?
bPrice stability/b
How often does the MPC meet annually?
b4 times/b
What is the purpose of Variable Repo Rate?
bInject liquidity/b
What is the weight for PSL loans in low-loan areas?
b125%/b
When was Priority Sector Lending formalized?
b1972/b
Which committee shaped Priority Sector Lending?
bGadgil Committee/b
What is the PSL target for commercial banks?
b40%/b
What does MIBOR represent?
bInterbank rate/b
Who publishes the MIBOR rate?
bFinancial Benchmarks India/b
What was RBI’s surplus transfer in FY24?
b₹2.11 lakh crore/b
What is RBI’s primary income source?
bRupee securities interest/b
Which RBI Act section mandates surplus transfer?
bSection 47/b
What is the WMA limit for States/UTs?
b₹60,118 crore/b
What is the interest rate basis for WMA?
bRepo Rate/b
What was the peak CD Ratio in Dec 2023?
b78.8%/b