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Daily Current Affairs – 5 May 2022
The day’s news that matters for Prelims and Mains, organised by GS paper, with practice questions.
Daily Current Affairs 05.05.2022(RBI surprises with 40 bps rate increase, amid inflation ‘alarm’, The status of GST compensation dues, India’s position on the World Press Freedom Index, SC is loud and clear on noise pollution, Highest sex ratio at birth in Ladakh, Haflong Hindi, a fluent example of give and take, ‘Star rating for food may mislead buyers’, EU proposes phased Russian oil embargo, more sanctions, ‘Off-cycle move hints at more aggressive rate increases’)
Current Affairs
1. RBI surprises with 40 bps rate increase, amid inflation ‘alarm’ ‘Inflationary pressures becoming acute’ The Reserve Bank of India (RBI), in a sudden move on Wednesday, raised the repo rate by 40 basis points (bps) to 4.4% citing inflation that was globally “rising alarmingly and spreading fast”. The repo rate increase was the first […]