CURRENT AFFAIRS

Detailed explanation-1: -Q. Which institution releases the ‘Report on Currency and Finance (RCF)’? Notes: The Reserve Bank of India (RBI) released the ‘Report on Currency and Finance (RCF)’ for the year 2021-22. As per the report, price stability is a necessary precondition for strong and sustainable growth.

Detailed explanation-2: -Reserve Bank of India - Report on Currency and Finance.

Detailed explanation-3: -Today, the Reserve Bank released the 26th issue of the Financial Stability Report (FSR), which reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on risks to financial stability and the resilience of the financial system.

Detailed explanation-4: -Today, the Reserve Bank of India released the Report on Trend and Progress of Banking in India 2021-22, a statutory publication in compliance with Section 36 (2) of the Banking Regulation Act, 1949.

Detailed explanation-5: -Major reports released by the Reserve Bank, including the Annual Report, Report on Trend and Progress of Banking in India, the Monetary Policy Report, and the Financial Stability Report are issued as supplements to this monthly publication. This is a monthly four-page periodical useful at operational level bankers.