CURRENT AFFAIRS

Detailed explanation-1: -The Reserve Bank of India Museum, located in Kolkata, will immerse us in a one-of-a-kind experience that explains the money, its role in the economy and our role in it, in a fun and interactive way.

Detailed explanation-2: -The correct answer is Kolkata. RBI museum is situated in Kolkata.

Detailed explanation-3: -This is the second such museum in the country; the first was established by RBI in Mumbai.

Detailed explanation-4: -The minutes of the MPC’s meeting will be published on February 22, 2023. 14. The next meeting of the MPC is scheduled during April 3, 5 and 6, 2023.

Detailed explanation-5: -On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today (December 7, 2022) decided to: Increase the policy repo rate under the liquidity adjustment facility (LAF) by 35 basis points to 6.25 per cent with immediate effect.