Current Affairs

GK MCQs Section

Page-50 of Economy & Banking Current Affairs

Additional Tier 1 Bonds and Credit Suisse’s Write-Down

The recent purchase of Credit Suisse, a Swiss bank, by its rival UBS, has left investors struggling to understand the deal. One outcome that is causing significant distress...

March 23, 2023

IMF’s $3 Billion Bailout Programme for Sri Lanka

On March 20, the International Monetary Fund (IMF) cleared a $3 billion-Extended Fund Facility (EFF) for Sri Lanka, aimed at restoring macroeconomic stability, safeguarding financial stability, and unlocking...

March 23, 2023

Adani’s Mundra Petrochem project

The Adani Group’s Mundra Petrochemicals project has been suspended as part of the Group’s “comeback strategy” to regain investor confidence amidst allegations of accounting fraud and corporate governance...

March 21, 2023

UBS

UBS, Switzerland’s biggest bank, recently agreed to purchase Credit Suisse in a move that aims to contain the panic that ensued after two American banks collapsed earlier this...

March 21, 2023

Foreign Exchange Reserve

Foreign exchange reserves are the assets that a country’s central bank or monetary authority holds to ensure a balance of payments in the country, maintain stability in the...

March 20, 2023

PM MITRA Parks

The Indian government recently announced the establishment of seven PM MITRA Parks in Tamil Nadu, Telangana, Karnataka, Maharashtra, Gujarat, Madhya Pradesh, and Uttar Pradesh. These parks are inspired...

March 18, 2023

herSTART

Union Minister Dr Jitendra Singh recently highlighted the newly created ‘herSTART’ platform, which aims to support women-led startups and encourage women entrepreneurs. The platform was launched in October...

March 18, 2023

VVGNLI-ASSOCHAM Strategic Alliance

The V.V. Giri National Labour Institute (VVGNLI), an autonomous institute under the Union Labour Ministry, has recently entered into a strategic alliance with the Associated Chambers of Commerce...

March 18, 2023

Foot and Mouth Disease

Foot and Mouth Disease (FMD) is a highly contagious viral disease that affects cloven-hoofed animals such as cattle, buffaloes, sheep, and goats. In India, FMD is a major...

March 18, 2023

‘Governor of the Year’ Award for 2023

Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), has been named “Governor of the Year” for 2023 by Central Banking, an international economic research journal....

March 18, 2023

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