Page-3 of Current Affairs - June, 2019
RBI permits ARC to buy financial assets from Peers
The Reserve Bank of India (RBI) has permitted Asset Reconstruction Companies (ARCs) to acquire financial assets from peers i.e. other such entities. However, RBI, the apex banking regulator cleared that all such transactions have to be settled in cash. Key ..
Month: Current Affairs - June, 2019
Indian Railways conducting trials of Tri-Netra technology
Union Minister of Railways Piyush Goyal during Question Hour informed Rajya Sabha members that Indian Railways is conducting TRI-NETRA (Terrain Imaging for Drivers Infrared, Enhanced, Optical & Radar Assisted) technology for detecting obstructions on tracks. Key Highlights Background: First in ..
Month: Current Affairs - June, 2019
‘Go Tribal’ campaign launched
Go Tribal campaign, was launched by Union Ministry of Tribal Affairs and TRIFED (Tribal Cooperative Marketing Development Federation of India) in association with Amazon Global. Key Highlights about Campaign Objective: To create awareness and promote tribal arts and crafts as ..
Month: Current Affairs - June, 2019
Saudi Arabia raises India’s Hajj Quota by 30,000
In a significant step, Kingdom of Saudi Arabia increased India’s Haj quota by 30,000 thus lifting the figure to 200,000 per year (from 170,000). This move will pave the way for more Indians to go for the annual Islamic pilgrimage ..
Month: Current Affairs - June, 2019
EQUIP: 5-year Vision Plan on Quality Education by HRD Ministry
The Higher Education Department of the Union Ministry of Human Resource Development has finalized and released a 5-year Vision Plan titled as Education Quality Upgradation and Inclusion Programme (EQUIP). About EQUIP This Vision Plan by HRD Ministry is in accordance ..
Month: Current Affairs - June, 2019
India’s Forex reserves rise to a record high of $426.42 billion
As per the data revealed by Reserve Bank of India (RBI), India’s foreign exchange (Forex) reserve rose to a life-time high of $426.42 billion (in week to 21 June 2019) after it surged by $4.215 billion boosted by higher foreign ..
Month: Current Affairs - June, 2019