Page-86 of Economy & Banking Current Affairs

What is India International Bullion Exchange (IIBX)?

July 26, 2022

Prime Minister Narendra Modi will launch the “India International Bullion Exchange” on July 29, 2022. It will be operationalised at the “Gujarat International Finance Tec-City (GIFT City)”. Key Points On the occasion, Prime Minister Modi will also lay down the ..

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Multi-Agency Group for investigation of Foreign Asset Cases

July 26, 2022

Indian Government has set up a “Multi-Agency Group for investigation of Foreign Asset Cases”. The Group comprises of representatives from various enforcement Agencies and Organizations. It will involve in the investigation of various categories of foreign asset cases such as ..

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Jharkhand Tourism Policy: What are its objectives?

July 26, 2022

Chief Minister of Jharkhand, Hemant Soren, launched the “Jharkhand Tourism Policy” with the aim of reviving, renewing and revamping the tourism sector in State. With this policy, state shall no more be known for extractions. Its attractions would mesmerize India ..

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5G spectrum auction: All you need to know about India’s biggest Spectrum Auction!

July 26, 2022

On July 26, 2022, India started its biggest-ever spectrum auction, involving telephone and internet data signals. Under the spectrum process, 72 GHz (gigahertz) of 5G airwaves have been put on offer at the cost of Rs 4.3 lakh crore. Significance ..

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Recent Update on National Land Management Corporation (NLMC)

July 25, 2022

In order to operationalise National Land Management Corporation (NLMC), Central government has appointed a joint secretary to the Department of Public Enterprises (DPE). He will work as an interim chief executive officer (CEO) of special purpose vehicle. He will monetise ..

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What are the key highlights of ‘India’s Bioeconomy Report 2022’?

July 25, 2022

The Biotechnology Industry Research Assistance Council (BIRAC) recently released its “India Bioeconomy Report 2022”. Report has been prepared on the basis of data on contribution of biotech sector to the economy. Key findings of the report include: As per report, ..

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What is outcome of the NITI Aayog Study on India’s R&D expenditures?

July 23, 2022

As per NITI Aayog’s India Innovation Index 2021,  gross expenditure on research and development (R&D) in India is lowest in the world. India spends USD 43 per capita on R&D. India Innovation Index was recently released by NITI Aayog, providing ..

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What are current trends in India’s GDP growth forecast?

July 23, 2022

Recently, India’s GDP Growth Forecast for current financial year was lowered to 7.2 percent by Morgan Stanley. It marked a reduction by 40 basis points, as compared to last forecast. Growth forecast was lowered in light of a slowdown in ..

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What is Varroa Mite plague in Australia?

July 21, 2022

In the recent weeks, Australian authorities have killed millions of honeybees in a bid to stop the spread of catastrophic parasite to its south-eastern part. Honey-sector in Australia is under huge threat from recent outbreak of deadly varroa mite. It ..

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What are highlights of Basic Road Statistics in India 2018-19?

July 21, 2022

Transport Research Wing of Ministry of Road Transport & Highways released its annual publication “The Basic Road Statistics of India 2018-19”, on the road sector. This edition presents information regarding different facets of road statistics across India, during 2018-19. Important ..

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