imaginativeness

CSE MAINS essay 2024

SECTION A

1.Forests precede civilizations and deserts follow them. 2.The empires of the future will be the empires of the mind. 3.There is no path to happiness; Happiness is the path. 4.The doubter is a true man of science.

SECTION B

5.Social media is triggering Fear of Missing Out' amongst the youth, precipitating depression and loneliness. 6. Nearly all men can stand adversity, but to test the character, give him power. 7.All ideas having large consequences are always simple. 8.The cost of being wrong is less than the cost of doing nothing. @amaztalks

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◾️RESERVE BANK OF INDIA :- ♦️Founded : 1935 ♦️Nationalised : 1949 ♦️HQ : Mumbai, Maharashtra. ♦️Committee : Hilton Young Commission. ♦️1st Governor : OS Smith. ♦️1st Indian Governor : CD Deshmukh. ♦️Present Governor : Shaktikanta Das [25th]. ♦️RBI Governor Shaktikanta Das ranked top Central Banker for 2nd Year in a row. ◾️Monetry Policy Rates :- ♦️Repo Rates : 6.50% ♦️Cash Reserve Ratio : 4.50% ♦️Reverse Repo Rate : 3.35% ♦️Standing Deposit Facility Rate : 6.25% ♦️Marginal Facility Rate : 6.75% ♦️Bank Rate : 6.75% ♦️Statutory Liquidity Ratio : 18%. ◾️Voting on the Resolution to keep the Policy Repo Rate unchanged at 6.50 per cent :- ♦️Shaktikanta Das : Yes. ♦️Shashanka Bhide : Yes. ♦️Ashima Goyal : No. ♦️Jayanth R. Varma : No. ♦️Rajiv Ranjan : Yes. ♦️Michael Debabrata Patra : Yes. ◾️ Some Important Points About Monetry Policy :- ♦️According to the RBI Act 1934, the Monetary Policy Committee has to meet at least four times in a financial year. ♦️The fiftieth meeting of the Monetary Policy Committee (MPC), constituted under Section 45ZB of the Reserve Bank of India Act, 1934, was held during August 6th to 8th, 2024. ♦️According to Section 45ZL of the Reserve Bank of India Act, 1934, the Reserve Bank publishs, on the fourteenth day after every meeting of the Monetary Policy Committee. ♦️The Next meeting will be held on October 7th to 9th, 2024. This is the 3rd Bi-monthly monetary policy of the financial year 2024-25. ♦️Shaktikanta Das the Governor of Reserve Bank of India (RBI) said that the Monetary Policy Committee (MPC) has voted by a 4:2 majority to keep the policy repo rate unchanged at 6.5%. ♦️Repo Rate unchanged at 6.50% for the #Ninth_consecutive_times. ♦️The quarterly estimates for GDP in 2024-25 are 7.1, 7.2, 7.3 & 7.2 in Q1-Q4, Respectively. ◾️Coin Minted By GOI :- ♦️Mumbai Maharashtra. ♦️Hyderabad Telangana. ♦️Noida Uttar Pradesh. ♦️Calcutta, West Bengal. ◾️Currency Note Printing Press :- ♦️Salboni, WB. ♦️Mysuru Karnataka. ♦️Nasik, Maharashtra. ♦️Dewas Madhya Pradesh. ◾️RBI’s Five Subsidiaries :- ♦️Reserve Bank Innovation Hub : RBIH. ♦️Bharatiya Reserve Bank Note Mudra Private Limited : BRBNMPL. ♦️Reserve Bank Information Technology Private Limited : ReBIT. ♦️Indian Financial Technology & Allied Services : IFTAS. ♦️Deposit Insurance & Credit Guarantee Corporation of India : DICGC.