Current Affairs

GK MCQs Section

Topic: Currency

Air India and Vistara Merger

The merger of Air India and Vistara marks an important shift in the aviation landscape. This strategic move aims for enhanced efficiency and profitability. The merger is expected...

November 13, 2024

What is Currency Chest?

Currency Chests are places where RBI (Reserve Bank of India) stocks money meant for banks and ATMs. The Currency Chests are located in different banks and are administered...

April 14, 2021

Impact of EU-UK Brexit Deal in India

India is to emerge as the net-gainer from the Brexit deal recently signed between the European Union and United Kingdom. Impact on India The gains for India from...

December 26, 2020

Currency Manipulator

The United States has again included India in its monitoring list of countries. These countries are with potential of “Currency Manipulation” and “Questionable Foreign Exchange Policies”. What is...

December 19, 2020

MECL begins gold mining in Kolar after 16 years

The Mineral Exploration Corporation Limited recently began the Kolar Gold Field exploration after 16 years. Background The Kolar Gold mines are located nearly 100 km from Bengaluru. They...

September 30, 2020

RBI releases International Investment Position

On June 30, 2020, Reserve Bank of India released its data on International Investment Position, IIP. Highlights According to the data, the direct investment in the country rose...

July 1, 2020

Iran: New Currency introduced to tackle Inflation

The Iran Government has recently come up with the decision of changing the name of the its currency to toman. The unit of Iranian currency if Rial. According...

May 7, 2020

India’s Foreign Exchange touches all time high of 457.468 billion USD

RBI announced that Foreign Exchange Reserves of India has swelled by 2.52 billion USD in the week that ended on December 27, 2019. The Central Bank also said...

January 4, 2020

RBI launches MANI application for visually challenged

On January 01, 2020, the Reserve Bank of India launched the MANI application for visually challenged persons to identify new currency notes that were launched after demonetization. MANI...

January 2, 2020

NPL scientists develop ink to stop fake passports and currency notes

The Council of Scientific and Industrial Research (CSIR) and National Physical Laboratory (NPL) developed an ink to combat the problem of fake printing of passports and counterfeiting of...

December 25, 2019

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