Banking service chronicle monthly magazine ebook

pratiyogita darpan english Published this article page no 90 Minor constituents include arsenic beryllium boron cadmium chromium hexavalent chromium cobalt lead manganese mercury molybdenum selenium strontium thallium and vanadium along with very small concentrations of dioxins and PAH compounds. It also has unburnt carbon. Health and environmental hazards 164 Toxic heavy metals present All the heavy metals found in fly ash nickel cadmium arsenic chromium lead etc—are toxic in nature. They are minute poisonous particles accumulate in the respiratory tract and cause gradual poisoning. Radiation For an equal amount of electricity generated fly ash contains a hundred times more radiation than nuclear waste secured via dry cask or water storage. Water pollution The breaching of ash dykes and consequent ash spills occur frequently in India polluting a large number of water bodies. Effects on environment The destruction of mangroves drastic reduction in crop yields and the pollution of groundwater in the Rann of Kutch from the ash sludge of adjoining Coal power plants has been well documented. However fly ash can be used in the following ways 1. Concrete production as a substitute material for Portland cement sand. 2. Flyash pellets which can replace normal aggregate in concrete mixture. 3. Embankments and other structural fills. 4. Cement clinker production – (as a substitute material for clay). 5. Stabilization of soft soils. 6. Road subbase construction. 7. As aggregate substitute material (e.g. for brick production). 8. Agricultural uses soil amendment fertilizer cattle feeders soil stabilization in stock feed yards and agricultural stakes. 9. Loose application on rivers to melt ice. 10. Loose application on roads and parking lots for ice control pratiyogita darpan English buy.

pratiyogita darpan english

pratiyogita darpan english Published this article page no 89 Implementation 1. The Mission would have a Steering Committee headed by Secretary (Power) comprising of all stakeholders including representatives from Ministry of Petroleum & Natural Gas (MoPNG) Ministry of New & Renewable Energy (MNRE) etc. 2. The Executive Committee would be headed by Member (Thermal) CEA. NTPC will play a larger role in providing logistic and infrastructure support in the proposed National Mission. What is Biomass Cofiring? It refers to the concurrent blending and combustion of biomass materials with other fuels such as natural gas and coal within a boiler which reduce the use of fossil fuels for energy generation and emissions without significantly increasing costs and infrastructure investments. Benefits of Cofiring 1. Biomass cofiring is a promising technology to decrease the use of fossil fuels for energy generation and hence mitigate greenhouse gas emissions. 2. Coal and biomass cofiring accounts for the relevant advantages of a relative ease of implementation and an effective reduction of CO2 and other pollutant (SOx NOx) emissions to the atmosphere. 3. Cofiring biomass with coal may record no loss in total boiler efficiency after adjusting combustion output for the new fuel mixture. Ministry of Environment Forest and Climate Change (MoEFCC) has issued directives to form a committee for surveillance of pollution problems caused by Koradi and Khaparkheda coalfired power plants in Nagpur. Both the plants have also been directed to ensure 100% utilization of flyash. What is Fly Ash? Popularly known as Flue ash or pulverised fuel ash it is a coal combustion product. Composition Composed of the particulates that are driven out of coalfired boilers together with the flue gases pratiyogita darpan English buy.

civil services chronicle

civil services chronicle Published this article page no 22 Awareness generation Large public engagement campaign to increase helpseeking supported by state governments and endorsed by influential people. Mainstream media and social media giants can be roped in to create and spread awareness. Communitybased interventions to reduce the pressure on the overworked primary and secondary mental health task force. Communitybased interventions such as Atmiyatas communitybased volunteers in Maharashtra and Gujarat SCARFs mental health mobile vans in Tamil Nadu and VISHRAM in vidarbha that used community health workers for the first line of treatment (depression fell by 22% and prevalence of suicidal thoughts fell by 51%) can be scaled. Policy interventions o Implementing the Mental Healthcare Act 2017 (MHCA) that promises mental health care to all and introduce a suicide prevention policy. Many countries including China have been able to significantly reduce suicides after they implemented a suicide prevention policy. Initiative taken for mental health during COVID 19 civil services chronicle buy.

civil services chronicle

civil services chronicle Published this article page no 21 Economic impacts Shortterm costs include hospital expenses while longterm costs include the lost income that could have been earned by the person tax that the government lost from that income among other things. Impact on brain health Social isolation reduced physical activity and reduced intellectual stimulation may affect brain health development in young children and adolescents and cognitive decline and dementia in the older population. Way forward Sustaining and strengthening mental health services and programmes must be a priority to address current and future mental health needs and help prevent a rise in mental ill health in the future. Taking note of the situation the Indian government has introduced helpline numbers for people who might face mental distress due to the ongoing situation in the country. Destigmatization Some early COVID19 survivors turned to social media to share their experiences in order to build confidence amongst others. There is an opportunity to train Indians who have now recovered and to turn them into COVID19 champions – equipping them to serve for people who are now feared to be positive or are under suspicion civil services chronicle buy.

Monday, June 27, 2022

meri saheli magazine

meri saheli magazine Published this article page no 23 2. Finland was followed by Denmark Iceland Switzerland and the Netherlands. 3. Among other western countries while the United States managed to bag the 16th position Britain was ranked 17th and France 20th. 4. India continued to fare poorly in the world happiness index with its position marginally improving to 136 as against last years 139. 5. Among the South Asian nations only Talibanruled Afghanistan fared worse than India. 6. Afghanistan was named the most unhappy country in the world ranking last on the index of 146 countries. 115 7. Nepal (84) Bangladesh (94) Pakistan (121) and Sri Lanka (127) managed to get better ranks in the list. 8. The Happiness report also stated that India was one among the countries that witnessed over the past 10 years a fall in life evaluations by more than a full point on the 0 to 10 scale. Significance Over the years happiness has become a key metric to track for not just countries but corporates as well. The goal behind the report is to identify key determinants of wellbeing. This information is expected to help countries to craft policies aimed at achieving happier societies. Interconnections between law governance and happiness Why do these connections matter? Happiness has come to be accepted as a goal of public policy. And this discourse has given a fillip to a new narrative where the interconnections between law governance and happiness are being searched. Experiences from several nations confirm that the countries with higher GDP and higher per capita income are not necessarily the happiest countries and there exists a link between the state of happiness and rule of law. The WHRs over the years confirmed that people tend to have Poor mental health. A low score of subjective wellbeing. Poor perception about the governance and law and order despite high income levels meri saheli magazine buy.

meri saheli magazine

meri saheli magazine Published this article page no 22 About OPCW 1. It is an international organization established by the Chemical Weapons Convention 1997 to implement and enforce the terms of the nonproliferation treaty which prohibits the use stockpiling or transfer of chemical weapons by signatory states. 2. By the 2001 Relationship Agreement between the OPCW and the United Nations the OPCW reports on its inspections and other activities to the UN through the office of the Secretary General. 3. The organisation was awarded the 2013 Nobel Peace Prize for its extensive efforts to eliminate chemical weapons. Powers The OPCW is authorized to perform inspections to verify that signatory states are complying with the convention. The Chemical Weapons Convention prohibits 1. Developing producing acquiring stockpiling or retaining chemical weapons. 2. The direct or indirect transfer of chemical weapons. 3. Chemical weapons use or military preparation for use. 4. Assisting encouraging or inducing other states to engage in CWCprohibited activity. 5. The use of riot control agents as a method of warfare. Insta Curious Did you know? Indias Comptroller and Auditor General (CAG) has been chosen as the external auditor by the Prohibition of Chemical Weapons (OPCW) for a threeyear term starting 2021. India may be one of the fastest growing economies of the world but it is among the least happy countries. Ahead of the UN International Day of Happiness observed on March 20 the World Happiness Report 2022 ranked India 136th — tenth from the bottom of the list. The World Happiness Report The World Happiness Report is a publication of the Sustainable Development Solutions Network powered by the Gallup World Poll data. The report which is in its tenth year uses global survey data to report on how people evaluate their own lives besides economic and social parameters. The rankings are based on average data of a threeyear period of 20192021. World Happiness Report evaluates levels of happiness by taking into account factors such as GDP social support personal freedom and levels of corruption in each nation. Highlights of the report 1. Finland topped the list for the fifth time in a row according to the 10th edition of the World Happiness Report meri saheli magazine buy.

Friday, June 24, 2022

shine india subscription

shine india subscription Published this article page no 24 Solar Proton Events A solar particle event or solar proton event (SPE) or prompt proton event occurs when particles emitted by the Sun mostly protons become accelerated either in the solar atmosphere during a solar flare or in interplanetary space by a coronal mass ejection shock.These particles can penetrate the Earths magnetic field and cause partial ionization of the ionosphere. Energetic protons are a significant radiation hazard to spacecraft and astronauts. Coronal Mass Ejection (CME) is one of the biggest eruptions from the Suns surface that can contain a billion tons of matter accelerated to several million miles per hour into space. The underlying cause of CMEs is not well understood. Astronomers agree however that the suns magnetic field plays a major role. 1. Eighth schedule to the Constitution Context Bihar Chief Minister Nitish Kumar has said his government would revive its longpending demand for inclusion of Bhojpuri in the Eighth Schedule of the Constitution so that it can be accorded the status of an official language.The state cabinet had sent a proposal to the Centre in this regard in 2017. Eighth schedule to the Constitution Part XVII of the Indian constitution deals with the official languages in Articles 343 to 351. The Constitutional provisions related to the Eighth Schedule are 1. Article 344 Article 344(1) provides for the constitution of a Commission by the President on expiration of five years from the commencement of the Constitution. 2. Article 351 It provides for the spread of the Hindi language to develop it so that it may serve as a medium of expression for all the elements of the composite culture of India. Assamese Bengali Gujarati Hindi Kannada Kashmiri Konkani Malayalam Manipuri Marathi Nepali Oriya Punjabi Sanskrit Sindhi Tamil Telugu Urdu Bodo Santhali Maithili and Dogri are the 22 languages presently in the eighth schedule to the Constitution shine india subscription buy.

shine india subscription

shine india subscription Published this article page no 23 Cobra WarriorThe Cobra Warrior exercises are the largest joint military exercises conducted by the Royal Air Force (RAF) in the United Kingdom for over a decade.The forthcoming Cobra Warrior exercises will witness pilots from the Indian Air Force flying five Tejas fighters along with combat aircraft from the Royal Air Force and other leading air forces including from Saudi Arabia Belgium and Sweden. Corbevax It is Indias indigenous Covid19 vaccine. It is a recombinant protein subunit vaccine.It means it is made up of a specific part of SARSCoV2 the spike protein on the viruss surfaceThe spike protein allows the virus to enter the cells in the body so that it can replicate and cause disease.However when this protein alone is given to the body it is not expected to be harmful as the rest of the virus is absent.The body is expected to develop an immune response against the injected spike protein. . SPARSH System for Pension Administration (Raksha)The Ministry of Defense has signed an agreement with CSC eGovernance Services India Limited (under Ministry of Electronics and Information Technology) to expand the coverage of pension services under SPARSH or System for Pension Administration (Raksha) across four lakh Common Service Centers.This will provide last mile connectivity to pensioners especially those who live in remote areas of the country and those who do not have access or technical knowledge and skill to use SPARSH. SPARSH is an initiative of the Ministry of Defense.It aims to provide comprehensive services to defense pensioners.It promotes the Governments vision of Digital India Direct Benefit Transfer (DBT) and Minimum Government Maximum Governance shine india subscription buy.

banking service chronicle

banking service chronicle Published this article page 04 Kawal is home to a rich diversity in flora and fauna with more than 300 species of birds and over 600 tree species with different forest compositions.The reserve is located in Telangana.The reserve is the oldest sanctuary in the northern Telangana region of the state.This sanctuary is catchment for the rivers Godavari and Kadam.The sanctuary is one of the richest teak forests in the state with dense pristine areas free of human disturbance. 20. Ghost Army Ghost Army was the first mobile tactical deception unit of the US Army deployed during World War II.The US President recently signed into law a bill titled Ghost Army Congressional Gold Medal Act to recognise the Ghost Army. 21. South Col Glacier Recent studies have found that SCG has lost more than 54m of thickness in the last 25 years.It is thinning 80 times faster than it first took the ice to form on surface.The South Col is a sharpedged col between Mount Everest and Lhotse the highest and fourthhighest mountains in the world respectively.The glacier sits around nearly 7906m (25938 ft) above sealevel. 22. Wayanad Wildlife SanctuaryThe sanctuary is a component of the Nilgiri Biosphere Reserve (5520 sq km) and is a vital component of the Elephant Reserve No. 7 of South India.It is the only sanctuary of Kerala where sightings of fourhorned antelopes have been reported.Presence of Egyptian vulture Himalayan griffon and Cinereous vultures are also reported in the sanctuary and the two species of vultures redheaded and whitebacked vultures once common in Kerala are now restricted to the Wayanad plateau.The NagarholeBandipurMudumalaiWayanad forest complex is also one of the most important tiger habitats in the country.The forests of the wildlife division form the major catchments for the tributaries of the Kabini river system. Context Seasonal migration of wild animals has begun from the adjacent wildlife sanctuaries in Karnataka and Tamil Nadu to the Wayanad Wildlife Sanctuary (WWS) in Kerala. 23. Sowa Rigpa banking service chronicle buy.

banking service chronicle

banking service chronicle Published this article page 03 Locally known as pola vatta fish belongs to queen fish group and is available across coasts in the country. 14. Reclining Lord Vishnu A 1000 years old sandstone sculpture of the reclining Lord Vishnu has been restored by Indian National Trust for Art and Culture Heritage.The Statue is situated in Bandhavgarh National Park (Madhya Pradesh).This is the first conservation and restoration project undertaken by INTACH in Madhya Pradesh.Popularly known as Shesh Shaiyya the sculpture belongs to Kalchuri period (8th century feudatories of the Rashtrakutas at central part of India). 15. Queen Elizabeth IIs 70year reign Queen Elizabeth II has become the first British monarch in history to reign for 70 years.She became queen on Feb 6 1952. 16. Operation AAHTIt is a nationwide operation to curb human trafficking.Launched by the Railway Protection Force.As part of Operation AAHT special teams will be deployed on all longdistance trainsroutes with focus on rescuing victims particularly women and children from the clutches of traffickers banking service chronicle buy.

Thursday, June 23, 2022

drishti ias current affairs magazine pdf

drishti ias current affairs magazine pdf Published this article page no 68 This section also empowers the National Executive Committee to lay down guidelines for or give directions to the concerned Ministries or Departments of the Government of India the State Governments and the State Authorities regarding measures to be taken by them in response to any threatening disaster situation or disaster. About the Disaster Management Act 2005 The stated object and purpose of the DM Act is to manage disasters including preparation of mitigation strategies capacitybuilding and more. It came into force in India in January 2006. The Act provides for the effective management of disasters and for matters connected therewith or incidental thereto. The Act calls for the establishment of National Disaster Management Authority (NDMA) with the Prime Minister of India as chairperson. The Act enjoins the Central Government to Constitute a National Executive Committee (NEC) to assist the National Authority. All State Governments are mandated to establish a State Disaster Management Authority (SDMA). Powers given to the Centre Power bestowed by DM Act on Central Government and NDMA are extensive. The Central Government irrespective of any law in force (including overriding powers) can issue any directions to any authority anywhere in India to facilitate or assist in the disaster management. Importantly any such directions issued by Central Government and NDMA must necessarily be followed the Union Ministries State Governments and State Disaster Management Authorities. In order to achieve all these the prime minister can exercise all powers of NDMA (S 6(3)). This ensures that there is adequate political and constitutional heft behind the decisions made drishti ias current affairs magazine pdf buy.

drishti ias current affairs magazine pdf

drishti ias current affairs magazine pdf Published this article page no 67 Under the Plan every Indian village would have a Village Disaster Management Plan and every Panchayat would have their Disaster Management Plan. All stakeholders including PRIs elected representatives and functionaries of Panchayats etc. would participate in planning implementation monitoring and evaluation of the plan. Need for Panchayati Level Plans Panchayatlevel and villagelevel Disaster Management Plans to mitigate the challenges in the event of disaster form a foundational level. The Panchayati Raj Institution (PRI) the representative body of the people is the most appropriate institution from village to the district level in view of Its proximity. Universal coverage. Enlisting peoples participation on an institutionalised basis. Their close involvement will be able to make people more prepared for countering natural disasters as well as involve them in all possible preventive and protective activities so that the impact of the disasters are mitigated and the people are able to save their lives and property. 3. Disaster Management Act Context Since March 24 2020 the Ministry of Home Affairs (MHA) has been issuing orders and inguidelines for the containment of Covid19 under the Disaster Management Act 2005. Under what section of The Disaster Management Act has the MHA been issuing orders on containment measures for Covid19? It is under Section 10 of The Disaster Management Act that the Union Home Ministry has been issuing guidelines for the containment of Covid19. Section 10 of The Disaster Management Act deals with the powers and functions of this national executive committee drishti ias current affairs magazine pdf buy.

Wednesday, June 22, 2022

competition refresher magazine subscription

competition refresher magazine subscription Published this article page no 32 Infrastructure including transportation water and sanitation and energy systems has been compromised by extreme and slowonset events with resulting economic losses disruptions of services and impacts to well being. Urban India is at greater risk than other areas with a projected population of 877 million by 2050 nearly double of 480 million in 2020. At present wetbulb temperatures in India rarely exceed 31 degrees C with most of the country experiencing maximum wetbulb temperatures of 2530 degrees C according to IPCC. Significance of IPCC Reports IPCC reports form the scientific basis on which countries across the world build their policy responses to climate change. These reports on their own are not policy prescriptive They do not tell countries or governments what to do. They are only meant to present factual situations with as much scientific evidence as is possible. And yet these can be of immense help in formulating the action plans to deal with climate change. These reports also form the basis for international climate change negotiations that decide on the responses at the global level. It is these negotiations that have produced the Paris Agreement and previously the Kyoto Protocol. Intergovernmental Panel on Climate Change (IPCC) It is an intergovernmental body of the United Nations responsible for advancing knowledge on humaninduced climate change. It was established in 1988 by the World Meteorological Organization (WMO) and the United Nations Environment Programme (UNEP). Headquarter Geneva Switzerland. Function To provide policymakers with regular assessments of the scientific basis of climate change its impacts and future risks and options for adaptation and mitigation. WetBulb Temperatures is a measure that combines heat and humidity. A wetbulb temperature of 31 degrees Celsius is extremely dangerous for humans while a value of 35 degrees is unsurvivable for more than about six hours even for fit and healthy adults competition refresher magazine subscription buy.

competition refresher magazine subscription

competition refresher magazine subscription Published this article page no 31 This report evaluates the physical science of climate change – looking at the past present and future climate. It reveals how humancaused emissions are altering our planet and what that means for our collective future. The Assessment Reports the first of which had come out in 1990 are the most comprehensive evaluations of the state of the earths climate. So far five reports have been released (1990 1995 2001 2007 and 2015). Highlights of the report 150 The latest report has for the first time made an assessment of regional and sectoral impacts of climate change. It has included risks to and vulnerabilities of megacities around the world. For example it has said Mumbai is at high risk of sealevel rise and flooding while Ahmedabad faces serious danger of heatwaves. Impact on health For the first time the IPCC report has looked at the health impacts of climate change. It has found that climate change is increasing vectorborne and waterborne diseases such as malaria or dengue particularly in subtropical regions of Asia. It has also said deaths related to circulatory respiratory diabetic and infectious diseases as well as infant mortality are likely to increase with a rise in temperature. Increasing frequency of extreme weather events like heat waves flooding and drought and even air pollution was contributing to undernutrition allergic diseases and even mental disorders. India specific study The report identifies India as one of the vulnerable hotspots with several regions and important cities facing very high risk of climate disasters such as flooding sealevel rise and heatwaves. Mumbai is at high risk of sealevel rise and flooding. Ahmedabad faces serious danger of heatwaves. Several cities including Chennai Bhubaneshwar Patna and Lucknow are approaching dangerous levels of heat and humidity competition refresher magazine subscription buy.

Tuesday, June 21, 2022

banking service chronicle magazine

banking service chronicle magazine published this article page no 28 the goal behind the report is to identify key determinants of wellbeing. this information is expected to help countries to craft policies aimed at achieving happier societies. interconnections between law governance and happiness why do these connections matter? happiness has come to be accepted as a goal of public policy. and this discourse has given a fillip to a new narrative where the interconnections between law governance and happiness are being searched. experiences from several nations confirm that the countries with higher gdp and higher per capita income are not necessarily the happiest countries and there exists a link between the state of happiness and rule of law. the whrs over the years confirmed that people tend to have poor mental health. a low score of subjective wellbeing. poor perception about the governance and law and order despite high income levels. 12. treaty of the high seas context the fourth meeting of the intergovernmental conference (igc4) was held in new york to conclude a draft of the instrument on the conservation and sustainable use of marine biological diversity in areas beyond national jurisdiction (bbnj). the igc4 is convened under the united nations convention on the law of the sea (unclos). about bbnj treaty the bbnj treaty also known as the treaty of the high seas is an international agreement on the conservation and sustainable use of marine biological diversity of areas beyond national jurisdiction currently under negotiation at the united nations. this new instrument is being developed within the framework of the unclos the main international agreement governing human activities at sea. it will achieve a more holistic management of high seas activities which should better balance the conservation and sustainable use of marine resources. bbnj encompasses the high seas beyond the exclusive economic zones or national waters of countries. significance116according to the international union for conservation of nature (iucn) these areas account for almost half of the earths surface. these areas are hardly regulated and also least understood or explored for its biodiversityonly 1% of these areas are under protection. the negotiated agreement has five aspects 1. environmental impact assessments for activities taken up on high seas banking service chronicle magazine buy.

banking service chronicle magazine

banking service chronicle magazine published this article page no 29 conservation of marine genetic resources. 3. capacity building. 4. technology transfer. 5. crosscutting issues such as institutional structure and financial support. insta curious do you know about the convention on the high seas? reference read this. instalinks prelims link 1. about continental shelf. 2. about international seabed authority. 3. about unclos. 4. about eez. 5. what is pca? 6. treaty of the high seas. mains link discuss the significance the treaty of the high seas. 13. brics context leading media groups from the five brics countries (brazil russia india china and south africa) have put together a threemonth long training programme for journalists. the programme was an initiative of the brics media forum. about the brics media forum the forum was established in 2015 by media organisations from the five countries including the hindu brazils cma group russias sputnik chinas xinhua and south africas independent media. the forum was conceived and developed so that it can function as an independent initiative and set of practical activities undertaken within the broad framework of brics cooperation. what is brics? brics is the group composed of the five major emerging countries brazil russia india china and south africa. it together represents about 42% of the population 23% of gdp 30% of the territory and 18% of the global trade. the acronym bric was coined by economist jim oneill of goldman sachs in 2001 to indicate the emerging powers that would be alongside the united states the five largest economies of the world in the 21st century. in 2006 bric countries started their dialogue which since 2009 takes place at annual meetings of heads of state and government. in 2011 with south africa joining the group the brics reached its final composition incorporating a country from the african continent. insta curious have you heard about paris21 grouping? reference read this. instalinks prelims link 1. about brics. 2. summits. 3. presidency. 4. organisations and groups associated with brics. 1. what is the rbis mpc? context jayant varma member of the monetary policy committee (mpc) of the reserve bank of india (rbi) who has been opposing the rbis accommodative policy stance has said the stance carries with it the risk of falling behind the curve in future because the stance limits the mpcs freedom of action in ensuing meetings. what is an accommodative policy stance? an accommodative stance means the central bank is prepared to expand the money supply to boost economic growth. the central bank during an accommodative policy period is willing to cut the interest rates. about mpc the rbi has a governmentconstituted monetary policy committee (mpc) which is tasked with framing monetary policy using tools like the repo rate reverse repo rate bank rate cash reserve ratio (crr).c it has been instituted by the central government of india under section 45zb of the rbi act that was amended in 1934 banking service chronicle magazine buy.

banking service chronicle magazine

banking service chronicle magazine published this article page no 30 functions the mpc is entrusted with the responsibility of deciding the different policy rates including msf repo rate reverse repo rate and liquidity adjustment facility. composition of mpc the committee will have six members. of the six members the government will nominate three. no government official will be nominated to the mpc. the other three members would be from the rbi with the governor being the exofficio chairperson. deputy governor of rbi in charge of the monetary policy will be a member as also an executive director of the central bank. selection and term of members selection the government nominees to the mpc will be selected by a searchcumselection committee under cabinet secretary with rbi governor and economic affairs secretary and three experts in the field of economics or banking or finance or monetary policy as its members. term members of the mpc will be appointed for a period of four years and shall not be eligible for reappointment. how decisions are made? decisions will be taken by majority vote with each member having a vote. rbi governors role the rbi governor will chair the committee. the governor however will not enjoy a veto power to overrule the other panel members but will have a casting vote in case of a tie. what is rbi monetary policy? the term monetary policy is the reserve bank of indias policy pertaining to the deployment of monetary resources under its control for the purpose of achieving gdp growth and lowering the inflation rate. the reserve bank of india act 1934 empowers the rbi to make the monetary policy. what the monetary policy intends to achieve? as per the suggestions made by chakravarty committee aspects such as price stability economic growth equity social justice and encouraging the growth of new financial enterprises are some crucial roles connected to the monetary policy of india. while the government of india tries to accelerate the gdp growth rate of india the rbi keeps trying to bring down the rate of inflation within a sustainable limit.118in order to achieve its main objectives the monetary policy committee determines the ideal policy interest rate that will help achieve the inflation target in front of the country. monetary policy instruments and how they are managed? monetary policy instruments are of two types namely qualitative instruments and quantitative instruments. the list of quantitative instruments include open market operations bank rate repo rate reverse repo rate cash reserve ratio statutory liquidity ratio marginal standing facility and liquidity adjustment facility (laf). qualitative instruments refer to direct action change in the margin money and moral suasion banking service chronicle magazine buy