Current Affairs

GK MCQs Section

Page-5 of Finance Ministry

Government notifies new Rs.200 notes

The Union Finance Ministry on the recommendations of the Central Board of Directors of the Reserve Bank of India (RBI) has notified currency notes of Rs.200. The new...

August 24, 2017

Government imposes anti-dumping duty on tempered glass from China

The Union Finance Ministry (Revenue Department) has imposed anti-dumping duty on certain “textured toughened (tempered) glass” imported from China. The duty aims at protecting the domestic industry from...

August 21, 2017

Government launches Pradhan Mantri Vaya Vandana Yojana for senior citizens

The Union Finance Ministry has launched Pradhan Mantri Vaya Vandana Yojana (PMVVY), a pension scheme exclusively for senior citizens aged 60 years and above. Under this scheme, senior...

July 22, 2017

Government lowers interest rates on Small saving schemes by 0.1%

The Union Finance Ministry has lowered interest rates on all nine small saving schemes by 0.1% for the April-June quarter as compared to January-March quarter. These schemes includes...

March 31, 2017

3rd G20 Framework Working Group meeting held in Varanasi

The third edition of G20 Framework Working Group (FWG) meeting was held in Varanasi, Uttar Pradesh. The two-day meeting took place under the G20 German presidency, and was...

March 30, 2017

Government approves re-organisation of field formations of CEBC to implement GST

The Union Finance Minister has approved re-organisation of field formations of the Central Board of Excise & Customs (CBEC) for the implementation of Goods & Services Tax (GST)....

March 27, 2017

Government allows RBI to print Rs 10 plastic notes

The Union Finance Ministry has given permission to Reserve Bank of India (RBI) to conduct field trials of plastic (polymer-based) currency notes of Rs 10 denominations. It was...

March 18, 2017

Finance Ministry to aid Rashtriya Rail Sanraksha Kosh for rail safety

The Union Finance Ministry has agreed to contribute partially to a new dedicated railway safety fund named as ‘Rashtriya Rail Sanraksha Kosh’ in the upcoming Union Budget 2017-18....

January 31, 2017

Government proposes setting up Financial Data Management Centre

The Union Government has proposed setting up Financial Data Management Centre (FDMC) based on recommendation of a committee set up under the Department of Economic Affairs (DEC). The...

December 30, 2016

Finance Ministry constitutes committee to consolidate regulation of pension products

The Union Finance Ministry has constituted a high-level committee to consolidate the regulation of pension products that is currently being done by three different watchdogs including insurance and...

October 13, 2016

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