Archive · 2 Oct 2025
Economy Quiz on ECBs, Repo Rate, and Economic Indicators
This is a quiz about money and the economy!
One topic is External Commercial Borrowings (ECBs), which are like loans that Indian companies get from lenders outside the country.
Another is the Repo Rate, which is the interest rate at which the Reserve Bank of India (RBI) lends money to banks.
The quiz also touched on Nominal GDP, a measure of the economy's output, and the Pradhan Mantri Awas Yojana (Grameen), a housing scheme with funding from the central and state governments.
External Commercial Borrowings (ECBs) are loans from non-resident lenders to Indian entities.
ECBs are controlled by the Reserve Bank of India (RBI) under the Foreign Exchange Management Act (FEMA).
Nominal GDP measures an economy's output at current market prices.
The Repo Rate is the interest rate at which the RBI lends money to commercial banks.
Funding for PMAY-G is shared between the Centre and states.
- Who
- RBI, Indian entities, and commercial banks.
- What
- Economic concepts including External Commercial Borrowings, Repo Rate, Nominal GDP, and Pradhan Mantri Awas Yojana (Grameen).
- When
- Data current as of September 2024 and previous years.
- Where
- India.
- Why
- To provide information for an economy quiz.
- ECBs
- Commercial loans from non-resident lenders to Indian entities.
- ECBs Outstanding
- Around $190.4 billion (September 2024)
- Nominal GDP
- Measures output at current market prices.
- Repo Rate
- Interest rate at which RBI lends to commercial banks.
- PMAY-G Funding
- Centre and states share 60:40 ratio (exceptions apply).