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%.
The global forecast for the Asian markets is murky following recent volatility, with crude oil prices providing support in what has been an otherwise tough month. The European markets were down and the U.S. bourses were mixed and flat and the Asian markets figure to split the difference.The TSE finished modestly lower on Friday following losses from the financial shares and property stocks.For the day, the index sank 15.09 points or 0.49 percent to finish at 3,061.35 after trading between 3,057.84 and 3,089.78. Volume was 1.39 billion shares worth 1.30 billion Singapore dollars. There were 285 decliners and 184 gainers.
