Current Affairs

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Page-78 of Economy & Banking Current Affairs

The Collapse of FTX Cryptocurrency Exchanges

The FTX – one of the world’s largest cryptocurrency exchanges – collapsed. Its founder, Sam Bankman-Fried’s fortune fell from nearly 16 billion USD to zero within days after...

November 24, 2022

OECD India FY23 GDP Forecast

The Organisation for Economic Co-operation and Development (OECD) recently slashed India’s GDP forecast for the current financial year (FY2023) from 6.9 per cent to 6.6 per cent in...

November 23, 2022

India-Australia Trade Pact

The Australian Parliament recently approved the free trade agreement with India. In India, such agreements require approval from the Union Cabinet. What is AI-ECTA? The Australia-India Economic Cooperation...

November 23, 2022

Framework to Protect Consumers from Fake, Deceptive Reviews in E-Commerce

The Indian Government has unveiled a framework to set standards for publishing product reviews on e-commerce sites. The standards will be applicable from November 25. What are the...

November 22, 2022

SEBI Framework for Online Bond Platform Providers (OBPPs)

Securities and Exchange Board of India (SEBI) has released a regulatory framework for the online bond platform providers (OBPPs) to streamline their operations. What are the key features...

November 16, 2022

FAO: World Food Import Bill at All-Time High

According to the biannual Food Outlook report released by the Food and Agriculture Organization (FAO), the year 2022 is expected to witness the world’s food import bill reaching...

November 15, 2022

India’s First MMLP

Reliance Industries Limited (RIL) is going to develop India’s first multi-modal logistics park (MMLP) near Chennai, Tamil Nadu. About the project The Union Ministry of Road Transport and...

November 14, 2022

BHIM App open-source license model

BHIM App open-source license model was announced by the National Payments Corporation of India (NPCI). What is BHIM App open-source license model? Under the BHIM App open-source license...

November 11, 2022

Pakistan to Implement Interest-free Banking System

The Pakistan Government is planning to implement an interest-free banking system in the country from 2027 under the Islamic law. What is interest-free banking system? The concept of...

November 11, 2022

Fodder-Centric Farmer Producer Organisations

The Indian Government designated National Dairy Development Board (NDDB) as the implementing agency for setting up fodder-centric FPOs. What are fodder-centric Farmer Producer Organisations? Ministry of Fisheries, Animal...

November 10, 2022

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