Page-48 of Economy & Banking Current Affairs - 2024
QR Code-based Coin Vending Machine
The machine was launched by the Reserve Bank of India. The apex bank finalized its decision of launching the machine during its recently held MPC meeting. The QR code is being introduced as fake currency notes are increasing in coin ..
Month: Current Affairs - February, 2023
Category: Economy & Banking Current Affairs - 2024
PhonePe launches cross-border transaction facility
The Phone Pe app was developed based on Unified Payments Interface. It is now owned by Flipkart (A subsidiary of a US Company called Walmart). The headquarters of Phone Pe is in Bengaluru. The app is available in eleven Indian ..
Month: Current Affairs - February, 2023
Category: Economy & Banking Current Affairs - 2024
Agri Ministry plans new certification system for organic cotton, derivatives
Several organizations in the country have been demanding an “Indian Standard for Organic Textiles”. Without a proper standard, the textiles made of organic cotton stay unprotected. Meaning, the exporter or the seller is unable to prove that the textile is ..
Month: Current Affairs - February, 2023
Category: Economy & Banking Current Affairs - 2024
Google introduces Chat-GPT rival Bard
Microsoft launched Chat-GPT in November 2022. Technologists believe that Chat GPT is well advanced and might kill Google’s business. In just five days, the number of ChatGPT users increased to one million. To counter the chat GPT, Google recently launched ..
Month: Current Affairs - February, 2023
Category: Economy & Banking Current Affairs - 2024 • International / World Current Affairs
SEBI launches Mechanism to curb market abuse
The Reserve Bank of India defines Market Abuse as misuse of information, benchmark manipulation, and market manipulation. Today there are no regulations to monitor and control market abuse in the country. Therefore, SEBI has stepped in and launched a mechanism ..
Month: Current Affairs - February, 2023
Category: Economy & Banking Current Affairs - 2024
India MoU with Indonesia-Malaysia-Thailand Growth Triangle Joint Business Council
The Growth Triangle Joint Business Council was created by Indonesia, Thailand, and Malaysia in 1993. The main objective of the council is to boost private investments in MSMEs. During the G20 Energy Transitions Working Group meeting held in Bengaluru, India ..
Month: Current Affairs - February, 2023
Category: Economy & Banking Current Affairs - 2024 • International / World Current Affairs