DAILY
GK 10, 11 APRIL
1.
RAJNATH
SINGH INAUGURATES AIR FORCE COMMANDERS’ CONFERENCE IN DELHI
● The
theme for this Conference is ‘Optimising human resources’.
● Indian
Air Force (IAF) did an excellent job under its humanitarian relief programme
‘Operation Ganga’.It was an evacuation mission to bring back all the Indian
nationals who are currently stranded in Ukraine.
● The
Defence minister also launched the “MEHAR BABA COMPETITION – II” to provide a
boost to the growing indigenous drone industry
2.
HIGHLIGHTS
OF RBI’S 1ST BI-MONTHLY MONETARY POLICY OF 2022-23
● The
Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) met and release the RBI’s first monetary policy
of FY23 which projected India’s gross domestic Product (GDP) growth at 7.2% for
the FY23
● RBI
has also hiked its Consumer Price Index (CPI) based inflation forecast for FY23
to 5.7% from its earlier projection of 4.5%.
● To
further facilitate greater penetration of bill payments through the BBPS and to
encourage participation of a greater number of non-bank Bharat Bill Payment
Operating Units in the BBPS, it is proposed to reduce the net worth requirement
of such entities from Rs 100 crore to Rs 25 crore.
● The
Reserve Bank of India was established on April 1, 1935, in accordance with the
provisions of the Reserve Bank of India Act, 1934.
