Day: June 6, 2026
RBI

RBI Keeps Repo Rate Unchanged in June 2026: Key Updates

RBI (The Reserve Bank of India) kept the repo rate unchanged at 5.25% in its June 2026 Monetary Policy Committee (MPC) meeting, maintaining a neutral policy stance. However, the GDP growth forecast for FY27 has been cut from 6.9% to 6.6% by the central bank, while the inflation projection was raised from 4.6% to 5.1%. pointed to inflation risks from high crude oil prices, geopolitical tensions in West Asia, supply-chain disruptions, a depreciating rupee and weather-related concerns. , he said, noted that the Indian economy continues to be resilient despite these challenges. The move intends to manage economic growth along with curbing inflation as global uncertainties rise.

What is the RBI Monetary Policy?

Monetary policy: A monetary policy is devised by central banks to contain price stability with growth.

Objectives of Monetary Policy

  • Control inflation.
  • Maintain financial stability.
  • Support sustainable economic growth.
  • Providing sufficient liquidity in the economy
  • Strengthen investor confidence.

Understanding the Repo Rate

Repo Rate: The interest rate at which a commercial bank borrows a limited amount of time excess liquidity from the Reserve Bank of India.

Importance of Repo Rate

  • Influences loan interest rates.
  • Affects borrowing costs for businesses.
  • Impacts consumer spending.
  • Helps control inflation.
  • Supports economic growth management.

Why Did RBI Keep the Repo Rate Unchanged?

The central bank decided to maintain the existing repo rate due to multiple economic factors.

Key Reasons Behind the Decision

  • Inflation remains above comfort levels.
  • Global economic uncertainties continue.
  • Geopolitical tensions affect markets.
  • Need to maintain financial stability.
  • Assessment of previous policy actions.

Monetary Policy, Repo Rate & Inflation PYQs

Exam/Year Question Options Correct Answer
UPSC Prelims 2024 What is the repo rate? A) Rate at which banks lend to customers B) Rate at which RBI lends to banks C) Tax imposed by RBI D) Deposit rate for customers B) Rate at which RBI lends to banks
SSC CGL 2024 Which institution decides the repo rate in India? A) SEBI B) RBI C) NITI Aayog D) Finance Ministry B) RBI
IBPS PO 2025 The Monetary Policy Committee (MPC) is primarily responsible for? A) Fiscal Policy B) Tax Collection C) Monetary Policy Decisions D) Foreign Trade C) Monetary Policy Decisions
RBI Grade B 2024 Which of the following is a monetary policy tool of RBI? A) GST B) Repo Rate C) Income Tax D) Customs Duty B) Repo Rate
SSC CHSL 2025 An increase in the repo rate generally leads to? A) Cheaper Loans B) Higher Borrowing Cost C) Lower Inflation Immediately D) Higher Exports B) Higher Borrowing Cost
UPSC 2023 What is the primary objective of inflation targeting by RBI? A) Increase Exports B) Maintain Price Stability C) Increase Tax Revenue D) Promote Imports B) Maintain Price Stability
NABARD Grade A 2024 Which committee sets the benchmark interest rate in India? A) Finance Commission B) Monetary Policy Committee C) GST Council D) NITI Aayog B) Monetary Policy Committee
SSC GD 2025 RBI was established in which year? A) 1935 B) 1947 C) 1950 D) 1969 A) 1935
SBI PO 2024 Inflation refers to? A) Fall in Prices B) Rise in General Price Level C) Increase in Production D) Increase in Employment B) Rise in General Price Level
UPSC 2022 Which index is commonly used by RBI for inflation targeting? A) WPI B) CPI C) IIP D) BSE Sensex B) CPI
SSC CGL 2023 Who chairs the Monetary Policy Committee of India? A) Finance Minister B) RBI Governor C) Prime Minister D) Economic Adviser B) RBI Governor
IBPS Clerk 2024 What happens when RBI keeps the repo rate unchanged? A) Loan rates automatically rise B) Monetary policy stance remains stable C) Inflation becomes zero D) Taxes increase B) Monetary policy stance remains stable
RBI Grade B 2025 How many members are there in the Monetary Policy Committee? A) 4 B) 5 C) 6 D) 8 C) 6
SSC MTS 2024 Which of the following is NOT a monetary policy tool? A) Repo Rate B) Reverse Repo Rate C) CRR D) GST D) GST
UPSC Prelims 2021 A higher repo rate generally aims to control? A) Deflation B) Inflation C) Unemployment D) Imports B) Inflation

FSSAI Vegan Logo 2027

Conclusion

The RBI Keeps Repo Rate Steady, Lowers Growth Prediction But Raises Inflation Outlook story underscores the cautious approach of the central bank in managing India’s economy in a challenging global and domestic environment. With the repo rate largely unchanged but growth and inflation targets being revised, it walks the fine line between putting more pressure on the pedal to accelerate economic activity while tackling prices when they are heading for a spike.

FAQs 

It means the RBI has decided not to change the interest rate at which commercial banks borrow money from the central bank.

Botanical-Infused

First Sea Shipment: Botanical-Infused Millets Explained

Botanical-Infused: The First Sea Shipment of Botanical-Infused Millets is an important achievement for India’s agricultural exports and the sale of value-added millet products in foreign markets. The shipments highlight India’s emerging ability to export modern and health-oriented food products and also the efforts being made by the Government to promote millets internationally. Botanical-infused millets are millets rich in botanical ingredients, which add nutritional supplementation, flavour diversity and added marketability value to millets. Hence, the first-ever shipping of the Botanical-infused Millets is being seen as a milestone towards India’s increased reach in the international health food market.

What Are Botanical-Infused Millets?

Botanical-infused millets are millet-based products enriched with natural plant-derived ingredients such as herbs, spices, flowers, and botanical extracts.

Common Botanical Ingredients Used

  • Tulsi (Holy Basil)
  • Moringa
  • Turmeric
  • Ginger
  • Mint
  • Lemongrass
  • Hibiscus
  • Ashwagandha

Overview of the First Sea Shipment of Botanical-Infused Millets

The Botanical-Infused Millets offer an overview of the first shipment of millets and plants. The Botanical-Infused Millets provide an overview of the first shipment of millets and plants. First Sea Shipment of Millets with Botanic Additives illustrates the growing interest of the world in functional food and agricultural nutritious products.

Boat’s Key Objectives of the Shipment:

  • Promote millet-based exports.
  • Boost India’s exports to the International market of food products.
  • Promote Value Addition to farmers’ earnings.
  • Promote sustainability in agriculture.
  • Improve the global value chain of millets.

The significance of the export of millets to India

Millets are being recognised as a strategic crop for food and climate change because of their nutritional performance, resilience and climate change suitability.

The reasons why exports of millet are important

  • Generate foreign exchange earnings.
  • Increase market opportunities for farmers.
  • Promote sustainable agriculture.
  • Boost agricultural trade to other countries.
  • Strengthen rural livelihoods.
  • Help with the provision of food security initiatives.

Millets PYQs (Previous Year Questions)

Exam/Year Question Options Correct Answer
UPSC Prelims 2023 Which one of the following is not a millet? A) Jowar B) Bajra C) Ragi D) Wheat D) Wheat
SSC CGL 2024 Which millet is commonly known as Pearl Millet? A) Jowar B) Bajra C) Ragi D) Kangni B) Bajra
SSC CHSL 2023 Ragi is also known by which of the following names? A) Finger Millet B) Foxtail Millet C) Pearl Millet D) Barnyard Millet A) Finger Millet
RRB NTPC 2024 Which millet is known as Sorghum? A) Bajra B) Jowar C) Ragi D) Kodo B) Jowar
State PCS 2024 India celebrated the International Year of Millets in which year? A) 2021 B) 2022 C) 2023 D) 2024 C) 2023
SSC GD 2025 Which organization declared 2023 as the International Year of Millets? A) WHO B) UNESCO C) FAO/United Nations D) IMF C) FAO/United Nations
UPSC Prelims 2023 Millets are often promoted because they are: A) Water-intensive crops B) Climate-resilient crops C) High-fertilizer crops D) Plantation crops B) Climate-resilient crops
SSC MTS 2024 Which millet is commonly called Nutri-Cereal? A) Millets collectively B) Wheat C) Rice D) Maize A) Millets collectively
Banking Exam 2024 Which millet is known as Finger Millet? A) Bajra B) Jowar C) Ragi D) Kodo C) Ragi
UPSC 2022 Why are millets important for food security? A) Require high irrigation B) Grow only in fertile soil C) Drought-resistant and nutritious D) Imported crops C) Drought-resistant and nutritious
SSC CGL 2023 Which millet is also known as Foxtail Millet? A) Kangni B) Ragi C) Bajra D) Jowar A) Kangni
State PCS 2025 Which ministry is the nodal ministry for millet promotion in India? A) Ministry of Commerce B) Ministry of Agriculture & Farmers Welfare C) Ministry of Food Processing D) Ministry of Rural Development B) Ministry of Agriculture & Farmers Welfare
SSC CHSL 2024 Millets are naturally rich in which nutrient? A) Fiber B) Cholesterol C) Saturated Fat D) Trans Fat A) Fiber
RRB Group D 2025 Which millet is known as Pearl Millet? A) Bajra B) Jowar C) Ragi D) Kodo A) Bajra
UPSC 2023 Which of the following is a major advantage of millet cultivation? A) High water requirement B) Climate resilience C) Dependence on chemical fertilizers D) Low nutritional value B) Climate resilience

India Expands Ethanol Fuel Network by 2027

Conclusion on First-Ever Sea Export of Botanical-Infused Millets

The first shipment carried to sea millets towards a more energetic future for Indian agriculture and exports. It demonstrates the country’s capability in producing and creating new food products with value added to satisfy the ever-changing demand of global consumers. India is creating global opportunities for healthy foods by pairing traditional millets with healthy herbs and spices.

FAQs on Botanical-Infused

It is the first export of millet products enriched with botanical ingredients through sea transport to international markets.

UN Security 

5 Countries Elected to UN Security Council for 2027–2028 Term

UN Security: The five countries that were elected for a 2-year term to serve on the United Nations Security Council (UNSC), 2027-2028, have officially taken up their non-permanent role. The election was held by the United Nations General Assembly, with member states voting for the five countries that would serve for two-year terms starting on the 1st of January 2027. The 5 countries elected to the 2027–2028 term of the UN Security Council are Bahrain, Colombia, the DR Congo, Latvia, and Liberia. These countries will discuss and vote on significant international topics of peace, security, diplomacy and conflict resolution.

List of New UNSC Members for 2027–2028  

The following countries secured seats in the Security Council for the upcoming term:

Country Regional Group Term
Bahrain Asia-Pacific Group 2027–2028
Colombia Latin America & Caribbean Group 2027–2028
Democratic Republic of the Congo African Group 2027–2028
Latvia Eastern European Group 2027–2028
Liberia African Group 2027–2028

UN Security Council Election 2026: An overview.

The election of members for the UN Security Council is held annually and is to replace vacant seats. The ten non-permanent seats are contested five times each year.

Important Features of the Election

  • The Election is full of key features:
  • Conducted through a secret ballot.
  • Based on regional representation.
  • Needs a 2/3 vote.
  • The non-permanent members hold office for two years.
  • No country could immediately succeed another country upon the expiration of a term.

How the UN General Assembly Elects Security Council Members

Elections are transparent, inclusive and representative.

Step-by-Step Election Process

  • Nominations of countries are made by their group of countries.
  • Benefited countries seek backing from member countries of the UN.
  • The elections are held in the United Nations General Assembly.
  • Secret Balloting is done.
  • Countries with two 3rd majority are elected.
  • Successful candidates start their term on January 1st of the following year.

Impact on International Peace and Security

The Security Council has the task of maintaining international peace and security. The newly elected members will thus influence decisions that affect millions of people around the world.

Areas Where They Can Influence Decisions

  • International conflicts and wars.
  • Counter-terrorism efforts.
  • Humanitarian emergencies.
  • Peacekeeping operations.
  • Nuclear non-proliferation initiatives.
  • Global sanctions regimes.
  • Regional security issues.

Key Facts About the United Nations Security Council

It is important to understand the Security Council for current affairs.

Quick Facts for UNSC

  • Established in 1945.
  • Headquarters in New York (USA).
  • Total Members: 15.
  • Permanent Members: 5.
  • Non-Permanent Members: 10.
  • Non-Permanent Term: 2 years.
  • The principal function: To contribute to international peace and security.

Permanent Members of the UNSC

  • China
  • France
  • Russia
  • United Kingdom
  • United States

PYQs on UN Security Council (UNSC) – UN Security 

Exam/Year Question Options Correct Answer
UPSC 2025 In which year was the United Nations Security Council (UNSC) established? A) 1942 B) 1945 C) 1948 D) 1950 B) 1945
SSC CGL 2025 How many permanent members are there in the UN Security Council? A) 3 B) 5 C) 7 D) 10 B) 5
SSC CHSL 2024 Which organ of the United Nations is primarily responsible for maintaining international peace and security? A) UNGA B) ECOSOC C) UNSC D) ICJ C) UNSC
UPSC 2024 Which country was not an original permanent member of the UNSC? A) China B) India C) France D) Russia (USSR) B) India
SSC GD 2025 How many total members are there in the UN Security Council? A) 10 B) 12 C) 15 D) 20 C) 15
RRB NTPC 2025 Which Article of the UN Charter establishes the Security Council? A) Article 7 B) Article 23 C) Article 51 D) Article 99 B) Article 23
UPSC 2023 Which country replaced the Republic of China (Taiwan) in the UNSC in 1971? A) Japan B) South Korea C) People’s Republic of China D) Vietnam C) People’s Republic of China
SSC CGL 2024 The headquarters of the United Nations Security Council is located in which city? A) Geneva B) Paris C) Vienna D) New York D) New York
State PCS 2025 Which power is exclusively enjoyed by the five permanent members of the UNSC? A) Budget Power B) Election Power C) Veto Power D) Legislative Power C) Veto Power
SSC MTS 2025 Which of the following countries is a permanent member of the UNSC? A) India B) Germany C) Brazil D) France D) France
UPSC 2025 The number of non-permanent members of the UNSC was increased from 6 to 10 in which year? A) 1955 B) 1963 C) 1971 D) 1985 B) 1963
SSC GD 2024 How long is the tenure of a non-permanent member of the UNSC? A) 1 Year B) 2 Years C) 4 Years D) 5 Years B) 2 Years
UPSC 2024 Which UN organ elects the non-permanent members of the Security Council? A) ICJ B) ECOSOC C) UN General Assembly D) Secretariat C) UN General Assembly
SSC CPO 2025 Which country was the first Asian nation to preside over the UNSC? A) China B) India C) Japan D) Indonesia B) India
State PCS 2024 In which year did India first become a non-permanent member of the UNSC? A) 1947 B) 1950 C) 1951 D) 1955 C) 1951
UPSC 2023 Which UN body can authorize peacekeeping missions and sanctions? A) ICJ B) UNESCO C) UNSC D) UNDP C) UNSC
SSC CHSL 2025 Which country has used the veto power the most in the history of the UNSC? A) United States B) China C) Russia/USSR D) France C) Russia/USSR
SSC CGL 2025 How many votes are required to pass a substantive resolution in the UNSC? A) 5 B) 7 C) 9 D) 12 C) 9
UPSC 2024 Which reform demand is most frequently raised by India regarding the UNSC? A) Abolition of Veto B) Expansion of Membership C) Removal of P5 D) New Headquarters B) Expansion of Membership
SSC GD 2025 Which group supports India’s bid for permanent membership in the UNSC? A) ASEAN B) BRICS C) G4 Nations D) G20 C) G4 Nations

Great Nicobar Project

Conclusion – UN Security 

The 5 countries elected to the UN Security Council for the 2027–2028 Term have carved out a prominent position in international politics and global governance. Tomorrow, Bahrain, Colombia, Democratic Republic of the Congo, Latvia and Liberia will be on the Security Council of the United Nations and will play pivotal roles in making decisions on international peace and security and partnerships.

FAQs on UN Security 

Bahrain, Colombia, Democratic Republic of the Congo (DR Congo), Latvia, and Liberia were elected as non-permanent members of the UN Security Council for the 2027–2028 term.

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