Page-4 of Current Affairs - December, 2019

CSC e-Governance India restarts Aadhaar registration work

CSC e-Governance Services India Ltd, a special purpose vehicle (SPV) under Union Ministry of Electronics and Information Technology (Meity) restarted Aadhaar registration and other related works which it plans to expand across the country next week. Aadhaar is now being used as primary identity document. Key Highlights The Common Service Centres (CSC) SPV has signed ..

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RBI Financial Stability Report: NPAs will increase

On December 27, 2019, RBI released Financial Stability Report. The report is biennial and reflects the collective assessment of the Sub-committee of Financial Stability and Development Council. The report said that the non-performing asset ratio of banks is increasing. It was 9.9% in September 2019 and may rise to 9.9% in September 2020. Highlights of ..

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RBI directs large co-op banks to report all exposures above Rs.5 crore

Reserve Bank of India (RBI) has directed large cooperative banks to report all aggregate exposures of Rs.5 crores and more to Central Repository of Information on Large Credits (CRILC). The move is aimed at early recognition of financial distress. Key Highlights Earlier in its bi-monthly monetary policy review in December 2019, the RBI had announced ..

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First Trial run of Double Stack Train

On December 28, 2019, a trial run of the first freight train was conducted in the western dedicated freight corridor. The train was flagged off by Dedicated Freight Corporation India Limited (DFCIL). Highlights The train will be operated in the Rewari-Madar Section in Haryana and Rajasthan states. DFCIL is currently running freight trains at speed ..

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CSIR develop new technology of Geranium Production

CSIR (Council of Scientific and Industrial Research) has developed a new low-cost technology to produce Geranium saplings. Geranium acts as an anti-inflammatory and anti-septic agent. It has several medicinal values. The development has been made under Aroma Mission. About the Technology The geranium cultivation is being done in aerated glass house currently. With the help ..

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