India’s Economic Growth Rate To Grow At 7.4% in 2018-19: RBI

The Reserve Bank of India has released its annual report in Mumbai. It was mentioned in the report that due to the evolving economic conditions, real GDP growth for 2018-19 is expected to increase to 7.4% from 6.7% in the previous year.

The RBI stated that its monetary policy will continue to be guided by the objective of achieving medium-term target for retail inflation of 4%. 


Source- AIR World Service

Static/Current Takeaways Important for Indian Bank PO Exam 2018- 
  • Urjit Patel- 24th Governor of RBI, Headquarters- Mumbai, Established on- 1st April 1935, in Kolkata.