Current Affairs

GK MCQs Section

Financial regulation

Income Tax Campaign for Foreign Assets Awareness

The Income Tax Department has initiated a new campaign that targets taxpayers with high-value foreign income or assets,...

📅 November 20, 2024

UK Plans Major Pension Fund Reforms

The UK government aims to create substantial “megafunds” through an important overhaul of the pension system. Finance Minister...

📅 November 16, 2024

LIC-owned IDBI Bank removed from PCA framework

The Reserve Bank of India (RBI) has removed IDBI Bank from the Prompt Corrective Action (PCA) framework which...

📅 March 11, 2021

Steering Committee on Fintech-related issues suggests new laws for consumer protection

The Steering Committee on fintech-related issues has recommended a new legal framework for consumer protection and has also...

📅 September 4, 2019

Pakistan blacklisted by Asia-Pacific Group of FATF for its failure to comply with terror funding standards

The Asia-Pacific Group (APG) of the Financial Action Task Force (FATF) is a global watchdog for terror financing...

📅 August 24, 2019

Saudi Arabia becomes first Arab country to get FATF membership

Saudi Arabia has become the first Arab country to be granted full membership of Financial Action Task Force...

📅 June 28, 2019

IDBI Bank launches paperless account opening facility for NRIs

IDBI Bank has launched the ‘NRI-Insta-Online’ account-opening process for Non-Resident Indians (NRIs) residing in Financial Action Task Force...

📅 April 20, 2019

Pakistan could be blacklisted by FATF

Pakistan Foreign Minister Shah Mahmood Qureshi said that Pakistan could be blacklisted by the Financial Action Task Force...

📅 April 6, 2019

Delhi Court reserves Order on Robert Vadra anticipatory Bail plea

Delhi court has reserved an order on Robert Vadra’s anticipatory bail plea for 1st April. Further, his interim...

📅 March 29, 2019

SBI, ICICI Bank and HDFC designated as RBI’s list of D-SIBs

The State Bank of India (SBI), ICICI Bank and HDFC Bank would have to comply with additional capital...

📅 March 18, 2019

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