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Monetary policy in the country moved into a tightening mode in May 2022 amidst inflationary pressures emanating from the conflict in Ukraine, rise in international commodity prices, disruption of supply chains and volatility in global financial market.

Exclusive for Subscribers from Monday to Friday: Why Irish author Paul Lynch’s “Prophet Song” and digital payments frauds are relevant to the UPSC Exam? What significance do topics like Bihar Prohibition and Excise Act, Direct Benefit Transfer and external benchmark linked lending rate have for both the preliminary and main exams? You can learn more by reading the Indian Express UPSC Key for November 28, 2023.