Prompt Corrective Action (PCA) refers to the watch list of weak banks, by the Reserve Bank of India. The regulator imposes restrictions like curbs on lending among others, on such banks.
According to the Union Finance Ministry' status report on India's external debt, India's External debt to GDP ratio increased marginally to 21.1% from 20.6% as of end-March 2020.
Prime Minister has launched the second phase of the Swachh Bharat Mission-Urban from Dr Ambedkar International Centre in New Delhi. The outlay of SBM-U 2.0 is around Rs 1.41 lakh crore.
EXAMIANS