Page-48 of Current Affairs - March, 2020

Cabinet Approval: Mega Consolidation of Public Sector Banks

On March 4, 2020, the Union Cabinet chaired by Narendra Modi had approved mega consolidation of 10 Public Sector Banks. Highlights The mega merger is to come into effect from April 1, 2020. It includes amalgamation of United Bank of ..

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Cabinet Approval: Foreign Direct Investment Policy on Civil Aviation

On March 4, 2020, the Union Cabinet under PM Modi cleared the Foreign Direct Investment Policy on Civil Aviation. According to the policy, 100% FDI is permitted in the air transport services. Earlier only 49% was available for sale to ..

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Luxembourg: The First Country in the World to provide Free Public Transport

Luxembourg in Europe has become the first country to make all forms of public transport free. It is the second smallest country in the European Union. Highlights Around 0.2 million passengers travel to Luxembourg from its neighbouring countries such as ..

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APEDA signs MoUs to implement Agriculture Export Policy

The Agricultural and Processed Food Export Development Authority (APEDA) has signed Memorandum of Understandings with IIT Delhi, Quality Council of India (QCI) and Indian Chamber of Food and Agriculture (ICFA). Agriculture Export Policy The Agriculture Export Policy was launched in ..

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Ministry of Tribal Affairs constitutes committee on Community Forest Resource Guidelines

The Union Ministry of Tribal Affairs recently constituted a committee under NC Saxena, former member of Planning Commission of India. The Committee will examine and recommend Community Forest Resources (CFR) Guidelines. The Committee has been constituted under Forest Rights Act, ..

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March 4: National Security Day

On March 4, 2020, the Rashtriya Suraksha Diwas or National Security Day was celebrated throughout India. The Day is celebrated to honour the work of Indian Security Forces. This includes every security personnel, policemen, para military forces, guards, commandos, army ..

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