Page-42 of Economy & Banking Current Affairs - 2024

BIMARU States Acronym

BIMARU is an acronym for the states BI: Bihar; MA: MP, R: Rajasthan, and U: UP. The acronym was formed by Ashish Bose, an economist from the 1980s. BIMARU (Bimar) in Hindi means sick. The economist framed the acronym to ..

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CBDT notifies 6 income tax return forms

The taxpayer should fill out the income tax return form and submit it to the Income Tax Department. The IT dept calculates the liabilities of the taxpayer. If he or she has paid extra taxes, then a refund is made. ..

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CPI and WPI based inflation Data Updates

The Wholesale Price Index reduced to 4.73% and the Consumer Price Index increased to 6.52% in January 2023. The WPI was 4.95% in December 2022 and the CPI was 5.72% in December 2022. In January 2022, the WPI was 13.68%. ..

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States’ allocation towards education – Data

Finance Minister Smt Nirmala Sitaraman presented the Union Budget in Parliament on February 1, 2023. Following the union budget the state governments too presented their budget for the financial year 2023-24 in their respective legislative assemblies. Of all the states, ..

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Bima Sugam Portal

The growth rate of the insurance sector in the country is very slow. Indian insurance sector accounts for less than 1.5% of world insurance. GoI has been taking several measures to increase investment in the sector. The FDI limit was ..

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Khanan Prahari Application

Illegal mining is increasing in India. While the illegal mining of minor minerals is common in states like AP, Telangana, and TN; illegal mining of major minerals like coal is common in northeastern states like Assam and Meghalaya. To curb ..

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