Page-103 of Economy & Banking Current Affairs

Financial support to IPPB

April 29, 2022

The Union Cabinet has given its approval for the financial support of Rs 820 crore for the India Post Payments Bank. This monetary support will help the state-run payments bank penetrate deeper into the nation, especially in the country’s rural ..

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Nutrient Based Subsidy rates for P&K fertilizers

April 28, 2022

The central government announced that the Nutrient Based Subsidy (NBS) rates for phosphatic and potassic (P&K) fertilizers for this year’s Kharif season which is from April to September 2022 will be increased to Rs 60,939 crore, as against Rs 57,150 ..

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NITI Aayog National Workshop on “Innovative Agriculture”

April 28, 2022

On 25th April 2022, NITI Aayog organized a National Level Workshop on “Innovative Agriculture” in Vigyan Bhawan, New Delhi. Overview: At this workshop the need to understand the fundamentals, science, and processes behind natural farming practices were highlighted. The step-wise ..

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India’s Steel Production and Export in FY 22

April 27, 2022

Faggan Singh Kulaste, Minister of State for Steel and Rural Development has announced that India exported 13.5 million tonnes (mt) of finished steel amounts to Rs 1 trillion, and has imported steel of about Rs 46000 crores. Overview: This impressive ..

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Elon Musk-Twitter Deal

April 26, 2022

In one of the tech world’s biggest deals, Elon Musk has taken control of the social media site Twitter. Through this deal, he will be acquiring the social network for around USD 44 billion with the shares of the company ..

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SIPRI Report on World Military Expenditure

April 26, 2022

A report by the Stockholm International Peace Research Institute (SIPRI) on World Military Expenditure stated that India was the world’s third-highest military spender behind the US and China. The global defence expenditure in 2021 reached an all-time high and stood ..

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Trilateral Development Corporation (TDC) Fund

April 26, 2022

India and the United Kingdom have launched their Global Innovation Partnership (GIP) as both countries look to bolster their innovation ecosystem to benefit the start-ups. GIP is expected to provide a model for utilizing the Trilateral Development Corporation (TDC) Fund ..

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All-India Household Consumer Expenditure Survey

April 25, 2022

The All-India Household Consumer Expenditure Survey which is conducted every five years by the National Statistical Office (NSO) will be resumed this year after a prolonged break. Overview: Since 2011-12, the country hasn’t had any official estimates on per capita ..

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What are DIPAM Guidelines on Strategic Disinvestment?

April 23, 2022

The public sector enterprises (PSEs) have been barred by the Finance Minister from participating in the strategic disinvestment of other government-owned companies unless given specific approval by the Central Government. Overview: Public Sector Enterprises/ State Governments/ Cooperative Societies that are ..

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What are new Guidelines issued by RBI on Issuance of Credit and Debit Cards?

April 23, 2022

On 21st April 2022, the Reserve Bank of India (RBI) issued a fresh set of guidelines for the issuance of debit and credit cards. These newly issued guidelines will come into effect from July 1 2022 and will be applicable ..

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