UPSC Weekly Current Affairs Quiz (June 07 – June 13)

The Election Commission allots election symbols to parties and independent candidates as per the Election Symbols (Reservation and Allotment) Order, 1968. This order dictates that recognized national and state parties' candidates are allotted the reserved symbol of their respective parties, while unrecognised parties can request a free symbol from the list provided by the commission. The Reserve Bank of India’s Foreign Currency Non-Resident (Bank) deposit swap scheme aims to boost foreign inflows and manage pressure on the rupee. The scheme rewards non-resident Indians with an alluring investment opportunity.