Current Affairs

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Page-6 of Topic: Finance

Proposed steps by NITI Ayog to slow economic decline in India

The Indian think-tank, the NITI Ayog has declared that the current economic situation in India is unprecedented and nobody had faced this type of a situation in the...

August 22, 2019

RBI liberalises norms for the Gold Monetisation Scheme

The Reserve Bank of India (RBI) has liberalised the norms for Gold Monetisation Scheme and has directed all lenders to promote and publicise the Gold Monetisation Scheme (GMS)...

August 19, 2019

Jyske Bank launchs world’s first negative interest rate mortgage

Denmark’s third largest, Jyske Bank has launched the world’s first negative interest rate mortgage and started to offer a10-year mortgage deals at a negative interest rate of 0.5%...

August 17, 2019

Union Government starts registration for Pradhan Mantri Kisan Maan-Dhan Yojana

The Union Government has recently started registration for the Pradhan Mantri Kisan Maan-Dhan Yojana (PM-KMY) with an aim to improve the life of Small and Marginal Farmers of...

August 14, 2019

India’s first health-focused credit card launched by RBL Bank

India’s first health-focused credit card has been launched by RBL Bank and digital healthcare platform Practo. The co-branded health credit card is powered by Mastercard and is available...

August 12, 2019

PM Kisan Maan Dhan Yojana

The Central Government has launched the PM Kisan Maan Dhan Yojana, a pension scheme for small and marginal farmers of the country. Features of the Scheme The scheme...

August 10, 2019

Usha Thorat heads RBI task force on Offshore Rupee Markets

The RBI task force on Offshore Rupee Markets (ORM), headed by Usha Thorat, has suggested liberal currency market for offshore users. The panel recommended that onshore market hours...

August 9, 2019

RBI cuts policy repo rate in its 3rd bi-monthly Monetary Policy Statement for FY 20

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has recently announcement its 3rd bi-monthly Monetary Policy Statement for FY 20 (2019-20). In it, RBI...

August 8, 2019

RBI Cuts Repo Rate

The Reserve Bank of India (RBI) in its monetary policy review undertaken by the Monetary Policy Committee (MPC) has made the following decisions: RBI cuts repo rate to 5.4%...

August 8, 2019

Government announces sale of Sovereign Gold Bond

The government has approved the issue of Sovereign Gold Bonds 2019-20 (Series III) at Rs 3,499 per gram of gold. Sovereign Gold Bonds Sovereign Gold Bonds are government...

August 5, 2019

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