Page-30 of Economy & Banking Current Affairs - 2024

What is Structural Transformation?

Structural transformation in economics is the shift in labour force from agriculture to high-productivity sectors like manufacturing and modern services. It is a compositional shift caused by the transfer of surplus labour from the farms to better-paying sectors. It is ..

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What is HUID Number?

Hallmark Unique Identification (HUID) number is a unique 6-digit alphanumeric code consisting of numbers and letters. It is stamped manually on a piece of jewellery at the Assaying & Hallmarking centres. It ensures the purity and fitness of gold via ..

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What is Indian Bureau of Mines?

The Indian Bureau of Mines (IBM) recently celebrated its 75th Foundation Day. It was founded in 1948 as a governmental institution responsible for multiple disciplines like conservation, scientific development of mineral resources, and the protection of the environment in non-coal, ..

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What is e-Bill system?

The Electronic Bill (e-Bill) processing system was launched by the Central Government on the occasion of the 46th Civil Accounts Day in 2022. It was announced during the Union Budget 2022-23. It is part of the various measures taken by ..

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What is Ozempic?

Ozempic, a medication used to treat type 2 diabetes, is facing global shortages due to its popularity on social media platforms and its potential for weight loss. This injectable drug was developed by the Danish pharmaceutical firm Novo Nordisk. It ..

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Pusa Krishi Vigyan Mela

The Union Minister for Agriculture and Farmers Welfare, Shri Narendra Singh Tomar, inaugurated the Pusa Krishi Vigyan Mela. The event is being organized by the Indian Agricultural Research Institute (IARI) in New Delhi. This year, the event is being organized ..

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