Page-30 of GKToday Archives: March, 2021

SC waives Interest in Loan Moratorium Scheme

The Supreme Court of India has refused to interfere with the decision of the government and Reserve Bank of India (RBI) on the loan moratorium scheme declining to extend moratorium period of six-months. Highlights The supreme court has also highlighted ..

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Districts to be ranked on Export Competitiveness

The Commerce Ministry has said that, the Directorate General of Foreign Trade (DGFT) will be assisting the states and union territories in order to prepare the “Annual Export Ranking Index” of different districts. The index would be ranking each district ..

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Covishield Dose Interval to be Increased

The health Ministry has decided to increase the interval between first and second doses of Covishield to up to eight weeks in the ongoing covid-19 vaccination drive. Highlights This decision was taken following the data of the global trials of ..

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DFI to get direct access to RBI Funding Facilities

The National Bank for Financing Infrastructure and Development Bill, 2021 was introduced in the Lok Sabha on March 22, 2021. Under the bill, the government will soon set up a “National Bank for Financing Infrastructure and Development”. This bank will ..

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SEBI relaxes Valuation Norms for AT-1 Bonds

The Securities and Exchange Board of India (SEBI) relaxed the norms for valuing perpetual bonds on March 22, 2021 after the finance ministry opposed the norms which proposed to value banks deemed residual maturity of Basel III additional tier 1 ..

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What are Flexible fuel vehicles (FFVs)?

The government of India may soon ask the auto companies in India to manufacture the passenger and commercial vehicles that run on the multiple fuel configuration with the aim of reducing the use of polluting fossil fuels and cutting down ..

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