Reserve Bank of India – Bulletin Weekly Statistical Supplement – Extract
Distilled Policy Brief
- The Reserve Bank of India's Weekly Statistical Supplement provides critical macroeconomic data on scheduled commercial banks, money stock components, and foreign exchange reserves.
- Banking sector data indicates steady expansion in aggregate deposits and non-food credit, reflecting prevailing liquidity conditions and credit demand in the economy.
- Liquidity operations managed by the RBI utilize various windows including the Standing Deposit Facility (SDF) and Marginal Standing Facility (MSF) to regulate day-to-day market liquidity.
🎯 Prelims High-Yield Examination Points
Foreign exchange reserves comprise Foreign Currency Assets, Gold, Special Drawing Rights (SDRs), and Reserve Position in the IMF. Money stock component M3 includes currency with the public, demand deposits with banks, time deposits with banks, and 'other' deposits with the RBI.
⚖️ Mains Analytical & Syllabus Linkages
Analysis of RBI statistical data helps evaluate monetary policy transmission, credit growth dynamics in scheduled commercial banks, and the central bank's liquidity management framework.
🎯 UPSC Prelims Practice Drill
Consider the following statements regarding the reporting and statistical framework of the Reserve Bank of India (RBI) based on its Weekly Statistical Supplement: 1. Foreign Exchange Reserves published by the RBI include components such as Foreign Currency Assets, Gold, Special Drawing Rights (SDRs), and Reserve Position in the IMF. 2. Scheduled Commercial Banks' business data tracks both aggregate deposits and bank credit, which is further subdivided into food and non-food credit. 3. The definition of a fortnight for scheduled commercial banks' reporting has been revised under the Banking Laws (Amendment) Act, 2025, moving from alternate Fridays to the 15th and last calendar day of a month. Which of the statements given above are correct?
- [A] 1 and 2 only
- [B] 2 and 3 only
- [C] 1 and 3 only
- [D] 1, 2 and 3
▶ Reveal Official Answer & Analytical Explanation
All the given statements are correct based on the RBI Weekly Statistical Supplement extract. Foreign exchange reserves comprise foreign currency assets, gold, SDRs, and reserve position in the IMF. Bank business data distinctly records aggregate deposits as well as food and non-food credit expansion, and the Banking Laws (Amendment) Act, 2025 revised the reporting fortnight definition to the 15th and last calendar day of a month.
🏛️ Historical Twin PYQ Anchor (2021)
Consider the following statements regarding the "National Clean Air Programme (NCAP)": 1. It is implemented by the Ministry of Environment, Forest and Climate Change. 2. Central Pollution Control Board acts as the sole regulatory executive body.