BRICS Banks Current Affairs, GK & News
On May 27, 2020, Finance Minister Nirmala Sitaraman attended the Special Board of Governors meet of New Development bank through video conference. Highlights The leaders that attended the meet elected the president, vice president of new development bank. The bank has so far approved 16.6 billion USD to over 55 projects in its member countries. ..
Month: Current Affairs - May, 2020
Category: International Current Affairs
Union Cabinet has approved MoU signed between Export-Import Bank of India (Exim Bank) and member banks under BRICS Interbank Cooperation Mechanism on Collaborative Research on Distributed Ledger and Block chain Technology in context of development of digital economy. Key Facts Blockchain technology or Distributed Ledger holds potential for solutions to various challenges being faced in ..