Banking, Finance & Economy Current Affairs Quiz -February 6,2023

Notes:
The Indore Municipal Corporation has issued Non-Convertible Debentures (NCDs) with a face value of Rs 1000 each, for a total of Rs 122 crore, with the option to retain over-subscription up to Rs 122 crore, making the total issue size Rs 244 crore.

Notes:
Kotak Mahindra Bank Limited has started the first phase of the Central Bank Digital Currency (CBDC) project, which is known as “Digital Rupee” (e₹), a form of digital currency that is legally equivalent to paper money and coins. The Reserve Bank of India has selected KMBL as one of eight banks to participate in the pilot project for the issuance of e₹.

Notes:
Faster Adoption and Manufacturing of Electric and Hybrid Vehicles, or FAME, was introduced in 2015 to boost the nation’s sales of electric automobiles. The National Electric Mobility Mission began the programme. The GoI budgeted Rs 5,172 crores for the fiscal year 2024 at the Union Budget 2023. When compared to the 2022 budget, this is 78% more.

Notes:
Recently, the Broadcasting Infrastructure and Network Development scheme was introduced to give Prasar Bharati, India’s state broadcaster, financial help.t intends to strengthen the infrastructure of the nation’s public broadcasters, including Doordarshan, All India Radio, and others. Prasar Bharati gets a facelift! For the recently announced Broadcasting Infrastructure and Network Development (BIND) Scheme, which has a total outlay of over Rs 2,500 crore, Rs 600 crore has been set aside from the expected Rs 1,100 crore for the Ministry of Information and Broadcasting.

Notes:
The US-based company General Atomics Aeronautical Systems, Inc. (GA-ASI) has started three important projects in India in the areas of AI, drones, and semiconductors following the launch of a joint US-India initiative on Critical and Emerging Technology (iCET).