The Union cabinet has approved the Interest Subvention Scheme (ISS) for farmers for the year 2017-18. The Government has allocated Rs. 20,339 crore for this scheme. Salient Highlights The objective...
Telecom giant Verizon has acquired Yahoo’s core business for $4.48bn (£3.51m), thus ending Yahoo’s two-decade long run as an independent company. Verizon is the No.1 wireless operator in the...
1. The Nalanda University has signed MoU with which country for academic linkages and colloborations? [A] South Korea[B] Japan[C] Vietnam[D] Malaysia Show Answer Correct Answer: A [South Korea]...
India has ratified two key global conventions for combating child labour as a step towards creating full respect for fundamental rights at work. Salient Highlights India has deposited the instruments of...
RBI’s Internal Advisory Committee (IAC) has identified 12 bank accounts constituting nearly 25% of the gross bad loans for immediate referral and resolution under the bankruptcy law. Each of the...
The Defence Research and Development Organisation (DRDO) has successfully test fired anti-tank ‘Nag’ missile in Rajasthan. The test was conducted by Scientists of the Dr. A.P.J. Abdul Kalam Missile Complex...
Minister of Railways Suresh Prabhu has launched Mission Retro-Fitment to enhance the passenger experience by upgrading the existing fleet of coaches. Salient Highlights Mission Retro-Fitment is an ambitious program...
SEBI has allowed options trading on futures contract of commodities. However, the capital market regulator has allowed the commodity derivatives exchanges to initially launch options on futures of...
Indian warships have reached Australia’s port city of Freemantle to take part in a week-long naval exercise off the Western Australian coast. Salient Highlights Exercise Australia-India (AUSINDEX) was first conducted...
SEBI has come up with comprehensive guidelines asking the Commodity derivatives exchanges to compulsorily set up investor protection and service funds. Salient Highlights The commodity exchanges should maintain separate...
