Page-97 of Economy & Banking Current Affairs

Geospatial Self-certification portal

June 10, 2022

Department of Science and Technology (DST) launched the “Geospatial Self-Certification Portal” in a bid to convey adherence to provisions of Geospatial Guidelines by individuals, organisations, companies, and government agencies. It is a significant step for liberalising geospatial industry in India. ..

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OECD FY23 growth forecast for India

June 9, 2022

The Organisation for Economic Cooperation and Development (OECD) has reduced India’s growth to 6.9% growth in Financial Year 2023 from 8.1% estimated earlier. Key Facts Growth was also slashed to 6.2 percent in 2023. OECD further expects policy rate to ..

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NHAI Guinness World Record for longest continuously laid lane

June 9, 2022

State-owned National Highway Authority of India (NHAI) has created a Guinness World Record for longest continuously laid bituminous lane of 75 kilometres, on national highway between Amravati and Akola districts of Maharashtra, in 105 hours and 33 minutes. Key Points ..

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RBI Monetary Policy Review- Highlights

June 9, 2022

Monetary Policy Committee (MPC) of the Reserve Bank of India, recently decided to increase the Policy Repo Rate by 50 basis points to 4.9 per cent in June 2022. Key Facts MPC members voted unanimously to increase rates and to ..

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Draft amendments to IT Rules 2021

June 7, 2022

Government has released draft amendments to IT Rules 2021 and sought public comments on some amendments to it. New IT rules 2021 Ministry of Electronics and Information Technology (MeitY) had released new IT rules in 2021. It came into effect ..

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National Tribal Research Institute

June 7, 2022

Union Home Minister Amit Shah is scheduled to inaugurate the National Tribal Research Institute in Delhi on June 7, 2022. Highlights National tribal Research Institute will be inaugurated as a part of “Azadi ka Amrit Mahotsav” by Tribal Affairs Ministry. ..

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What is Direct-to-mobile (D2M) Technology?

June 7, 2022

The Department of Telecommunications (DoT), in association with public service broadcaster Prasar Bharat, is exploring the feasibility of a Direct-To-Mobile’ (D2M) technology. What is Direct-to-mobile (D2M) technology? The D2M technology allows to broadcast video and other multimedia content directly to mobile phones, ..

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Azadi Ka Amrit Mahotsav (AKAM) design coins

June 7, 2022

On June 6, 2022, Prime Minister Narendra Modi launched a special series of coins. These coins have also been made visually impaired friendly. Key facts The coins of Re 1, Rs 2, 5, 10 and 20 denominations were launched. These coins ..

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What is a ‘Fat finger Trade’?

June 7, 2022

Recently, the National Stock Exchange of India witnessed a freak trade in weekly Nifty 50 options contact. It led to a loss of around Rs 200 crore for traders. Such freak trades are called as Fat finger Trade. Background Recent ..

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Jan Samarth Portal

June 6, 2022

On June 6, 2022, Prime Minister Narendra Modi launched a “national portal for credit-linked government schemes” called “Jan Samarth Portal”. Highlights Portal was launched during the ‘Iconic Week Celebrations’ of Ministry of Finance and Ministry of Corporate Affairs at Vigyan ..

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