Funds
SEBI Proposes Blocking of Funds Facility
Securities and Exchange Board of India (SEBI) releases consultation paper proposing to introduce a blocking of funds facility for trading in secondary markets. Aimed at protecting investors’ money from misuse and default by stock brokers. SEBI seeks comments from market ..
Month: Current Affairs - January, 2023
Category: Economy & Banking Current Affairs
RBI creates Payment Infrastructure Development Fund
On June 5, 2020, the Reserve Bank of India created Payment Infrastructure Development Fund of Rs 500 crores. Highlights The apex bank has made an initial contribution of Rs 250 crores towards the funds. The rest of the fund is ..
Month: Current Affairs - June, 2020
Union Cabinet approves change of definition of MSMEs
On June 1, 2020, the Union Cabinet approved the changes made to the definition of MSMEs. The Finance Minister Nirmala Sitaraman had announced about the changes being made to MSMEs while she announced the economic package allocated to Atma Nirbhar ..
Month: Current Affairs - June, 2020
State Health Register to be launched by Karnataka Government: First of its Kind
On May 27, 2020, the Karnataka State Government announced that it will launch a “State Health Register” to collect data of all its citizens. The register is first of its kind in the country. Highlights The register will hold names ..
Month: Current Affairs - May, 2020
Corona Virus Global Response International Pledging Conference held
On May 5, 2020, around 40 countries took part on an online summit called Global Response International Pledging Conference. Highlights The Conference was initiated by European Union. US and Russia did not take part in the conference. China where the ..
Month: Current Affairs - May, 2020
Task force on National Infrastructure Pipeline submits its report
On April 29, 2020, the task force on National Infrastructure Pipeline has submitted its final report to Finance Minister Nirmala Sitaraman. The report has been prepared for the year 2019-25. Highlights The summary of the report prepared by the task ..
Month: Current Affairs - April, 2020
Five of the North Eastern States become COVID-19 free
On April 27, 2020, five of the eight north east states namely Manipur, Nagaland, Sikkim, Tripura and Arunachal Pradesh have become COVID-19 free. The other three states namely Meghalaya, Assam and Mizoram have not reported new cases. This was announced ..
Month: Current Affairs - April, 2020
US stops WHO funding
On April 15, 2020, the United States stopped its funding towards World Health Organization (WHO). The United States provides 400-500 million USD to the organization annually. Highlights The American President Donald Trump was threatening the world organization that the United ..