Patna Hosts 622nd Central Board Assembly of Reserve Bank of India
A primary highlight was the review of Utkarsh 3.0, which serves as the RBI's strategic framework for the medium term spanning 2026 to 2029.
The board assessed the current economic climate and noted state borrowings totaling ₹45,960 crore raised through State Government Securities (SGS).
Significance: This meeting sets the operational and strategic direction for the RBI's regulatory and developmental functions for the next three years under the Utkarsh 3.0 roadmap.
Key Facts / Static GK
RBI Headquarters: Mumbai
Establishment: April 1, 1935
Deputy Governors: T Rabi Sankar, Swaminathan J, M. Rajeshwar Rao, J. Swaminathan
Practice Quiz — 24 March 2026
Q1. Regarding the 622nd RBI Central Board meeting, what is the specific timeframe designated for the 'Utkarsh 3.0' Medium-Term Strategy Framework?
Q2. Which specific body has been replaced by the newly formed National Dental Commission (NDC) as of March 2026?
Q3. Under the new PAN card rules effective from April 2026, what is the revised threshold for mandatory PAN reporting for property purchase or sale transactions?
Q4. As per the Global Terrorism Index (GTI) 2026, which country is ranked as the most impacted by terrorism globally?
Q5. Whose record did PM Narendra Modi surpass to become the longest-serving elected head of government in India as of March 2026?
Keep Learning with PrepZen
Get daily current affairs, live mock tests, mistake bank, vocab builder & more — all free on your phone.