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Practice Questions on Important Topics from Current Affairs: (27.05.2025).
1. What are the major sources of income of the Reserve Bank of India (RBI)? In this context, examine the significance of the Economic Capital Framework (ECF) in efficient fiscal management while ensuring RBIs autonomy.(250w,15m)
2. India has emphasized the goal of becoming 'Atmanirbhar' (self-reliant) in recent years. Critically analyze the key policy measures taken to promote self-reliance in the Indian economy. To what extent have these measures addressed structural challenges and enhanced India’s global competitiveness? (250w,15m)
Practice Questions on Important Topics from Current Affairs: (27.05.2025).
1. What are the major sources of income of the Reserve Bank of India (RBI)? In this context, examine the significance of the Economic Capital Framework (ECF) in efficient fiscal management while ensuring RBIs autonomy.(250w,15m)
2. India has emphasized the goal of becoming 'Atmanirbhar' (self-reliant) in recent years. Critically analyze the key policy measures taken to promote self-reliance in the Indian economy. To what extent have these measures addressed structural challenges and enhanced India’s global competitiveness? (250w,15m)
Telegram hopes to raise $1bn with a convertible bond private placement
The super secure UAE-based Telegram messenger service, developed by Russian-born software icon Pavel Durov, is looking to raise $1bn through a bond placement to a limited number of investors from Russia, Europe, Asia and the Middle East, the Kommersant daily reported citing unnamed sources on February 18, 2021.The issue reportedly comprises exchange bonds that could be converted into equity in the messaging service that is currently 100% owned by Durov and his brother Nikolai.Kommersant reports that the price of the conversion would be at a 10% discount to a potential IPO should it happen within five years.The minimum bond placement is said to be set at $50mn, but could be lowered to $10mn. Five-year bonds could carry an annual coupon of 7-8%.
China’s stock markets are some of the largest in the world, with total market capitalization reaching RMB 79 trillion (US$12.2 trillion) in 2020. China’s stock markets are seen as a crucial tool for driving economic growth, in particular for financing the country’s rapidly growing high-tech sectors.Although traditionally closed off to overseas investors, China’s financial markets have gradually been loosening restrictions over the past couple of decades. At the same time, reforms have sought to make it easier for Chinese companies to list on onshore stock exchanges, and new programs have been launched in attempts to lure some of China’s most coveted overseas-listed companies back to the country.
