The Union Government authorised the State Bank of India (SBI) for issue of and encashing Electoral Bonds through its 29 Authorised Branches. What are Electoral Bonds? Electoral bonds...
Union government has transformed the “Banks Board Bureau (BBB)” into “Financial Services Institutions Bureau (FSIB)”, through some amendments. Highlights Banks Board Bureau (BBB) was the head-hunter for directors of...
The Goods and Services Tax (GST) Day is observed annually on July 1, in India. Key Facts GST Day is observed to commemorate the implementation of Goods and...
The World Bank Board of Executive Directors approved two complementary loans of USD 500 million each, for supporting and enhancing India’s health sector. Key Facts The financing of...
On June 30, 2022, Prime Minister Narendra Modi participated in ‘Udyami Bharat’ programme. Key Facts On the occasion, he launched following key initiatives: Raising and Accelerating MSME Performance(RAMP) scheme Capacity...
47th GST Council Meeting was held in Chandigarh. In a two-day meeting GST Council recommended rate changes on certain items. These changes will be made effective from July...
Cabinet has approved computerisation of primary agricultural credit societies (PACS) with total outlay of 2516 crore rupees. Highlights The project has proposed computerization of about 63,000 functional PACS...
The Food Safety and Standards Authority of India (FSSAI) recently decided to operationalise standards for fortified rice kernels (FRKs). Key Points Standards for fortified rice kernels will be...
Huge reserves of Uranium have been found at Rohil (Khandela Tehsil) in Sikar district of Rajasthan. With this reserve, this state has come on the world map. It...
On June 28, 2022, Minister of Communications Ashwini Vaishnaw launched ‘Dak Karmayogi’. It is an e-learning portal of Department of Posts. Dak karmayogi Dak Karmayogi portal has been...