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Daily Current Affairs and GK Update: 11.05.2025

National Affairs India-Pakistan Tensions A ceasefire agreement between India and Pakistan came into effect on May 10, 2025, following mediation by the United States. Foreign Secretary Vikram Misri confirmed multiple ceasefire violations by Pakistan, declaring that the Indian Army would respond “adequately and appropriately.” Pakistani drones were spotted across Jammu and Kashmir, Gujarat’s Kutch region,…

Current Affairs

Understanding RBI and Its Functions

The Reserve Bank of India (RBI) plays a pivotal role in managing India’s economy through its monetary policy. Understanding RBI’s monetary policy and open market operations (OMO) is crucial for students preparing for competitive exams such as RBI Grade B, SBI PO, IBPS Clerk, and NABARD. This article provides a comprehensive overview of the RBI’s…

RBI Monetary Policy and Open Market Operations