Page-117 of Economy & Banking Current Affairs

Redemption of Sovereign Gold Bonds

Reserve Bank of India (RBI) announced redemption price for the premature redemption of Sovereign Gold Bonds (SGBs), which was due on February 8, 2022. Key Facts The redemption price was Rs 4,813 per unit. It is around 85% premium from its issue ..

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Odisha Light House Tourism

The Ministry of Ports, Shipping and Waterways is to develop five light houses in the state of Odisha. Four districts have been identified. About the Light Houses The Light Houses are to be built in Public – Private Partnership mode. ..

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J&K in National Single Window System

Jammu and Kashmir has become the first union territory (UT) to be integrated with National Single Window System. More than 130 industrial services have been made online on the system. 160 more are to be added. About the integration The ..

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Intensified Mission Indradhanush (IMI) 4.0

Union Health Minister, Mansukh Mandaviya, launched the Intensified Mission Indradhanush (IMI) 4.0 virtually on February 7, 2022. Key Facts India is running the largest inoculation drive globally in which more than 3 crore pregnant women and 2.6 crore children are ..

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Continuation of Indian Footwear and Leather Development Programme

The Ministry of Commerce recently announced that the Indian Footwear and Leather Development Programme (IFLDP) is to continue from 2021-22 till 2026. The programme is to be implemented at a cost of Rs 1,700 crores. What is IFLDP? IFLDP will ..

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Post Devolution Revenue Deficit (PDRD) Grant

The Central Government recently released 9,871 crores of rupees as Post Devolution Revenue Deficit (PDRD) grant. The grant was provided to 17 states. The grant was released by the finance ministry. About PDRD Grant The Post Devolution Revenue Deficit grant ..

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Emergency Use Permission to Sputnik Light

The Drugs controller General of India recently granted Emergency Use Permission to Sputnik light COVID-19 vaccine. The expert panel of the central drug authority had recommended this. With this sputnik light becomes the ninth COVID – 19 vaccine in the ..

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ITS in Mumbai-Nagpur expressway

The ‘ITS’ is Intelligent Transportation System. It is a Korean technology. The technology is to be used to monitor Mumbai – Nagpur Expressway. It is the longest expressway in India. The technology will help to prevent accidents. The first phase ..

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Statue of Equality

On February 5, 2022, Prime Minister Narendra Modi will visit Hyderabad to kickstart the 50th anniversary celebrations of “International Crops Research Institute for the Semi-Arid Tropics (ICRISAT)”. Key Points He will dedicate a 216-feet tall “statue of equality” to the ..

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Shillong Technology Park

The Meghalaya Chief Minister Shri Conrad Sangma recently inaugurated the Shillong Technology Park. The main objective is to bring back the Meghalayans who left the state in search of job opportunities. Also, the park will create new job opportunities for ..

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