1. What was the change in deposits for Indian scheduled banks by December 1, 2023?
Answer: Increased by ₹2,30,727 crore.
2. What was the percentage decline in India’s merchandise exports in November 2023?
Answer:2.83%.
3. What is the RBI’s projected GDP growth for the fiscal year 2023-24?
Answer: 7%.
4. How much did the trade deficit narrow in November 2023?
Answer: $20.58 billion.
5. Who played a key role in developing the Autonomous Flying Wing Technology Demonstrator?
Answer: ADE under DRDO.
6. What is the primary reason for the RBI’s decision to retain the policy stance as ‘withdrawal of accommodation’?
Answer: Concerns about potential upside risks to inflation.
7. What is the primary focus of the collaboration between IDFC FIRST Bank, LIC Cards, and Mastercard?
Answer: Introducing co-branded credit cards.
8. Why did State Bank of India (SBI) invest ₹49.99 crore in Canpac Trends?
Answer: For capital appreciation in the paper packaging sector.
9. What is the function of Cash Reserve Ratio (CRR) in the Indian banking system?
Answer: To regulate consumer credit.
10. What does EODES stand for?
Answer: Enhanced Customs Clearance Platform.
