Current Affairs - July 2022
As per the RBI's liberalised norms, what is the new limit of External Commercial Borrowing (ECB) under the automatic route?
The measures include easing norms for FPI investment in the debt market, and increasing the External Commercial Borrowing (ECB) limit under the automatic route from USD750 million or its equivalent per financial year to USD 1.5 billion.
Commonly known as the 'anti-defection law', it has meant to arrest the practice of legislators from changing political affiliations during their term in office
Union Science and Technology Minister Dr Jitendra Singh announced the setting up of Dr Rajendra Prasad Memorial Award in public administration in the field of academic excellence.