RBI announces Special Liquidity Mutual Funds worth Rs 50,000 crores

On April 27, 2020, the Reserve Bank of India announced the special liquidity facility for mutual funds of Rs 50,000 crores. The Reserve Bank of India is increasing liquidity flow in capital markets as COVID-19 has imposed liquidity strains on mutual funds. Highlights The Special Liquidity Facility for Mutual Funds (SLF-MF) is to conduct repo ..

Month: Current Affairs - April, 2020

Category: Economy & Banking Current Affairs

Topics: Annual Financial Statement • Investment • liquidity • Loan • Mutual Funds • RBI • Repo Rate • Security

SIPRI: India one among top three military spender

On April 27, 2020, the Stockholm International Peace Research Institute (SIPRI) released its report on military spending of different countries in the world. According to the report, US, China and India are the three top most military spenders in 2019. Highlights Following the three top military spenders in the world, Russia and Saudi Arabia were ..

Month: Current Affairs - April, 2020

Category: Reports & Indexes Current Affairs

Topics: China • Defence • India-Paksitan • Military • Military Expenditure • Russia • Saudi Arabia • SIPRI • Stockholm International Peace Research Institute

Hydrogen Fuel Bus and car launched by NTPC

The National Thermal Power Corporation recently launched ten Hydrogen Fuel Cell based buses and 10 similar electric cars. Highlights The buses and cars were launched in New Delhi and Leh. Similar proposal is under implementation in Andaman and Nicobar Islands. Other initiatives of NTPC NTPC has been taking several such initiatives to provide e-mobility solution ..

Month: Current Affairs - April, 2020

Category: Science & Technology Current Affairs

Topics: Andaman and Nicobar Islands • Clean Energy • CO2 emissions • Electric bus • Fuel Cells • Hydrogen • Hydrogen Fuel • NTPC

Pakistan test fires anti-ship missiles successfully

The Pakistan Navy on April 25, 2020, had successfully test fired anti-ship missiles in the North Arabian sea. Highlights The missiles were fired at sea level from by aircraft and warships from the surface ships. The Pakistan Navy sends strong signals of readiness to encounter enemies upon the success of the testing. The testing comes ..

Month: Current Affairs - April, 2020

Category: International Current Affairs

Topics: Arabian Sea • Brahmos • Defence Research and Defence Organisation (DRDO) • Dhanush • India- Pakistan • Indian Navy • Missile • Nirbhay • Prithvi interceptor missile

India seeks help from IMF and World Bank to fill data gaps

The Government of India has approached multilateral organizations such as World Bank and International Monetary Fund (IMF) to find out methods that will help in preparing economic indicators such as retail inflation, industrial production and economic growth. Highlights In today’s world Data Inadequacy has become a global phenomenon. Hence, the Ministry of Statistics and Programme ..

Month: Current Affairs - April, 2020

Category: India Nation & States Current Affairs

Topics: Consumer Price Index (CPI) • COVID-19 • GDP • IMF • National Statistical Office (NSO) • Union Ministry of Statistics and Programme Implementation • World Bank