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Page-86 of Economy & Banking Current Affairs

“The Merge” of the Ethereum

Ethereum – the world’s second largest blockchain – has transitioned from the legacy “proof-of-work” to a “proof-of-stake” consensus mechanism. Key facts The Ethereum Merge is an upgrade that...

September 21, 2022

New Framework for Social Stock Exchange

The SEBI has unveiled a framework for the SSE, which was notified in July 2022. Key facts Under the new rules, the Social Stock Exchange (SSE) will be...

September 21, 2022

RBI asks large UCBs to set up Board-approved policy, compliance function

The RBI has directed urban cooperative banks (UCBs) belonging to tier 3 and tier 4 categories to create a Board-approved policy and compliance function. Key facts The central...

September 20, 2022

Market-Based Economic Dispatch (MBED) mechanism

The Union Ministry of Power is currently calling for the Market-Based Economic Dispatch (MBED) mechanism – a radical shift from the current decentralized, voluntary pool-based electricity market. What...

September 19, 2022

9th Session of Governing Body of the International Treaty on Plant Genetic Resources for Food and Agriculture

Union Minister of Agriculture and Farmers Welfare Narendra Singh Tomar recently inaugurated the 9th Session of Governing Body of the International Treaty on Plant Genetic Resources for Food...

September 19, 2022

India-Bangladesh Friendship Pipeline

The Assam-based Numaligarh Refinery Limited (NRL) is expected to complete the construction of India-Bangladesh Friendship Pipeline by the end of 2022. What is India-Bangladesh Friendship Pipeline? The India-Bangladesh...

September 19, 2022

Amendment of Foreign Trade Policy of India for Rupee Settlement

The Central Government has made changes to the Foreign Trade Policy of India to activate the RBI’s mechanism facilitating trade in the Indian Rupee. Key facts The recently...

September 19, 2022

National Logistics Policy

Prime Minister Modi recently launched the National Logistics Policy (NLP). Key features The National Logistics Policy aims to promote smooth movement of goods across India and boost competitiveness...

September 17, 2022

KVIC launches 72 units under PMEGP

The Union MSME minister Narayan Rane recently inaugurated 72 units assisted under the PMEGP and disbursed margin money subsidy to 720 PMEGP beneficiaries. What is PMEGP? The Prime...

September 17, 2022

KRITAGYA 3.0

KRITAGYA 3.0 was launched by ICAR to promote “speed breeding” for crop improvement. Key facts The Indian Council of Agricultural Research along with its National Agricultural Higher Education...

September 17, 2022

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