Current Affairs

GK MCQs Section

Page-3 of Finance Ministry

Government to release Rs 75 commemorative coin to mark 75th anniversary of Tricolour hoisting by Bose

Union Ministry of Finance has announced to release Rs 75 commemorative coin on occasion of 75th anniversary of hoisting of Tricolour for first time by Netaji Subhash Chandra...

November 14, 2018

Finance Ministry launches web portal to grant loans to MSMEs within hour

Union Finance Minister Arun Jaitley launched portal www.psbloansin59minutes.com to enable micro, small and medium enterprises (MSMEs) to get in-principle approval of loans within hour without need for branch...

September 26, 2018

Government doubles monetary limit for filing cases in DRT

 Union Finance Ministry has doubled pecuniary limit to Rs. 20 lakh from Rs.10 lakh for filing loan recovery application in Debt Recovery Tribunals (DRT) by banks and financial...

September 8, 2018

Government to infuse Rs 11,336 crore capital in 5 public sector banks by September-end

Union Finance Ministry is planning to infuse additional capital close to Rs 11,336 crore in 5 more public sector banks (PSBs) by September 2018-end. These five state-owned banks...

July 19, 2018

Government raises threshold monetary limit for filling appeals relating to tax cases

Union Finance Ministry has hiked threshold monetary limit for tax departments to file appeals all three levels of appeal — Appellate Tribunals, High Courts, and Supreme Court. The...

July 13, 2018

Bharat-22 ETF follow-on offer may be worth Rs. 10,000 crore

The Union Finance Ministry may come out with Rs. 10,000 crore follow-on fund offer of Bharat-22 exchange traded fund (ETF) as it looks to dilute stake in Coal...

April 18, 2018

Government levies 10% import duty on key smartphone components

The Central Bureau of Excise and Customs (CBEC) under Finance Ministry has imposed a 10% duty on imports of key smartphone components such as populated printed circuit boards...

April 3, 2018

Government imposes anti-dumping duty on Ofloxacin import from China

The Revenue Department in the Finance Ministry has imposed anti-dumping duty on import of ‘Ofloxacin’, a pharma product used in treatment of certain infections from China. It was...

March 19, 2018

FIU categorises 9,491 NBFCs as high risk for PMLA non-compliance

The Financial Intelligence Unit (FIU) under Finance Ministry has categorised around 9,491 non-banking financial companies (NBFC) as high risk prone financial institutions as they have not complied with...

February 27, 2018

Government to ban cryptocurrencies from its payments system

The Union Finance Ministry is planning to ban cryptocurrencies from payments system and at the same time appoint regulator to oversee unregulated exchanges that trade in crypto assets....

February 6, 2018

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