Page-31 of Economy & Banking Current Affairs - 2024

What is Bahu Balli?

March 8, 2023

A major feat has been achieved towards India’s Aatmanirbhar Bharat initiative with the installation of the world’s first 200-meter-long Bamboo Crash Barrier, named “Bahu Balli,” on the Vani-Warora Highway in Vidarbha, Maharashtra. It has also been accredited by the Indian ..

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What is Structural Transformation?

March 8, 2023

Structural transformation in economics is the shift in labour force from agriculture to high-productivity sectors like manufacturing and modern services. It is a compositional shift caused by the transfer of surplus labour from the farms to better-paying sectors. It is ..

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What is HUID Number?

March 6, 2023

Hallmark Unique Identification (HUID) number is a unique 6-digit alphanumeric code consisting of numbers and letters. It is stamped manually on a piece of jewellery at the Assaying & Hallmarking centres. It ensures the purity and fitness of gold via ..

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What is Indian Bureau of Mines?

March 6, 2023

The Indian Bureau of Mines (IBM) recently celebrated its 75th Foundation Day. It was founded in 1948 as a governmental institution responsible for multiple disciplines like conservation, scientific development of mineral resources, and the protection of the environment in non-coal, ..

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What is e-Bill system?

March 6, 2023

The Electronic Bill (e-Bill) processing system was launched by the Central Government on the occasion of the 46th Civil Accounts Day in 2022. It was announced during the Union Budget 2022-23. It is part of the various measures taken by ..

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What is Ozempic?

March 5, 2023

Ozempic, a medication used to treat type 2 diabetes, is facing global shortages due to its popularity on social media platforms and its potential for weight loss. This injectable drug was developed by the Danish pharmaceutical firm Novo Nordisk. It ..

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