Page-87 of Economy & Banking Current Affairs

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 ..

Month: 

Category:  • •

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 ..

Month: 

Category:  •

What are NITI Aayog proposals for regulation of Digital Banks?

July 21, 2022

On July 20, 2022, NITI Aayog released a report on digital banks titled “A proposal for Digital Banks in India: Licensing and Regulatory Regime’’ In the report, government’s think tank has provided template and roadmap for licensing and regulatory regime ..

Month: 

Category:  •

What is WhatsApp banking? How does it work?

July 21, 2022

Recently, the State Bank of India launched its “WhatsApp Banking Services”. This service will help SBI customers to avail some of the banking services on WhatsApp. This will make banking easier for the customers as it will reduce the need ..

Month: 

Category: 

What are current trends in inward remittances in India?

July 21, 2022

India recently became the largest recipient of remittances worldwide. As per World Bank, it received USD 87 billion in 2021, accounting for a growth of 4.6%. India is followed by China and Mexico, each accounting for USD 53 billion remittances. ..

Month: 

Category: 

What are key features of India Innovation Index 2021?

July 21, 2022

Third edition of the India Innovation Index released by NITI Aayog on July 21, 2022. The index assesses performance of states in innovation ecosystem on the basis of NITI Aayog’s ranking released the previous year. 2021 report was prepared in ..

Month: 

Category:  •

Current Affairs- Today’s Headlines: July 20, 2022

July 20, 2022

Here are Today’s News Headlines by GK Today for July 20, 2022 INDIA – Shiv Sena splits in Lok Sabha as 12 out of 19 MPs join rebel camp; Rahul Shewale named party leader in House – ‘Beyond the Misty ..

Month: 

Category:  •

Cut in Windfall Tax on petrol, diesel, ATF

July 20, 2022

On July 20, 2022, Union government reduced the windfall tax on petrol, diesel, crude oil and jet fuel, following the cut in international rates. Highlights Windfall tax on diesel and aviation turbine fuel (ATF) has been reduced by Rs 2 ..

Month: 

Category: 

Himachal Pradesh: First to connect all VLTD vehicles with ERSS

July 20, 2022

Himachal Pradesh has become India’s first state to connect the Vehicle Location Tracking Device (VLTD) with the Emergency Response Support System (ERSS). Highlights All the registered commercial vehicles equipped with VLRD will be connected with ERSS. Through this mechanism, these ..

Month: 

Category:  •

RBI: Four-tiered regulatory for Urban Cooperative Banks

July 20, 2022

On July 19, 2022, a simple four-tiered regulatory framework was adopted by the Central Bank, for Urban Co-operative Banks (UCBs). Key Facts The RBI adopted the framework on the basis of size of deposits. This move is aimed at strengthening their financial ..

Month: 

Category: