About CPI Consumer Price Index is an index which measures the weighted average of prices of a basket of consumer goods and services such as transportation, food and medical care. It is calculated by measuring price changes for each item …
About WTO The World Trade Organization (WTO) is an intergovernmental organization that is concerned with the regulation of international trade between nations. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement, replacing the General Agreement on Tariffs and Trade (GATT), which commenced in 1948. It …
About SFBs The small finance bank (SFB) primarily undertakes basic banking activities of acceptance of deposits and lending to unserved and underserved sections including small business units, small and marginal farmers, micro and small industries and unorganised sector entities. The …
Context A five-judge bench of the Supreme Court is set to hear a batch of petitions challenging the constitutional validity of the Centre’s electoral bonds scheme. Notified on January 2, 2018, the scheme introduced instruments through which anyone in the …