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.
Prime Minister Modi unveiled the statue of legendary freedom fighter Alluri Sitarama Raju at a special program on his 125th birth anniversary celebrations in Andhra Pradesh.
The United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) has expressed "deep appreciation" for India's contribution of USD 2.5 million.
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