Insurance Current Affairs, GK & News
IFSC submits its report on Capital Market to IFSCA
IFSC International Retail Business Development Committee has presented its final report to IFSCA on November 11. The final report has recommendations on Capital Markets. The committee also made recommendations for the development of IFSC. Before this, the committee has submitted two interim reports on insurance and banking. This IFSC International Retail Business Development Committee was ..
Month: Current Affairs - November, 2020
Category: Reports & Indexes Current Affairs
Topics: Banking • Foreign Portfolio Investors • Government Securities • IFSC • IFSCA • Insurance
PM Modi chairs Cabinet meeting: Key Decisions
On July 8, 2020, PM Modi chaired the union cabinet meet. Ministers of various departments attended the meet including Finance Minister Nirmala Sitaraman, Union Minister Dr Harsh Vardhan, Defence Minister Rajnath Singh and Home Minister Amit Shah Key Decisions The following key decisions were taken during the union cabinet meeting chaired by PM Modi Pradhan ..
Month: Current Affairs - July, 2020
Category: Government Schemes Current Affairs • India Nation & States Current Affairs
Topics: Atma Nirbhar Bharat Abhiyan • Employment provident fund • Insurance • LPG • Pradhan Mantri Awas Yojana • Pradhan Mantri Garib Kalyan Yojana • Pradhan Mantri Ujjwala Yojana
Business Interruption Insurance
In light of the unprecedented economic losses due to the lockdown, businesses in India are looking at business interruption insurance for a way out. About Business interruption insurance is a type of insurance that covers the income loss of a business due to a disaster. It covers losses like rent, operational charges, salaries, etc. apart ..
Topics: COVID-19 • Economy • Insurance
Mahatma Gandhi Bunkar Bima Yojana
The Mahatma Gandhi Bunkar Bima Yojana was recently discussed in the Lok Sabha by the Union Minister of Textiles. About the Scheme The Mahatma Gandhi Bunkar Bima Yojana is an insurance scheme for all community weavers. The scheme provides insurance to the beneficiaries in cases of accidental death, natural death, partial or complete disability. The ..
Topics: Insurance • LIC • Ministry of Textiles • Weaving Community
GoI: Benefits to COVID-19 affected workers under Atal Beema Vyakti Kalyan Yojana
On March 19, 2020, the Government of India announced that it will provide unemployment benefits to the section of unorganized workers. These workers include, persons who have lost their jobs due to the impact of the Corona Virus Pandemic. Highlights Along the lines of countries like USA in combating the deadly Corona Virus, GoI is ..
Month: Current Affairs - March, 2020
Category: Government Schemes Current Affairs
Topics: compensation scheme • Corona virus • COVID-19 • ESIC scheme • Insurance • Unemployment • Unemployment Allowance Scheme