DAILY GK 10, 11 APRIL

 

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.