Current Affairs

GK MCQs Section

Topic: Ministry of Finance

Advance and EPCG Authorisation Scheme

The finance ministry has introduced an amnesty scheme aimed at offering relief to traders who have defaulted on their export obligations. This scheme provides an opportunity for traders...

May 19, 2023

NPS Diwas

NPS Diwas was observed on October 1 by Pension Fund Regulatory and Development Authority (PFRDA). Key facts The National Pension System Diwas (NPS Diwas) was observed by the...

October 1, 2022

Damodaran Committee to boost PE/VC investments

The Union Finance Ministry recently set up an expert committee headed by former SEBI chief M. Damodaran to assess and recommend ways to solve regulatory issues to boost...

September 14, 2022

National Museum of Customs and GST

As a part of Azadi ka Amrit Mahotsav, Union Finance Minister, Nirmala Sitharaman inaugurated the “National Museum of Customs and GST”. Highlights The National Museum of Customs and...

June 14, 2022

Kerala: Suraksha-Mitra Project

The Suraksha-Mitra project has become operational in the State of Kerala. What is Suraksha-Mitra Project? Suraksha-Mitra Project is a vehicle monitoring system. It sends distress messages in case...

June 13, 2022

Jan Samarth Portal

On June 6, 2022, Prime Minister Narendra Modi launched a “national portal for credit-linked government schemes” called “Jan Samarth Portal”. Highlights Portal was launched during the ‘Iconic Week...

June 6, 2022

General Anti-avoidance Rule (GAAR)

Recently, the Department of Revenue under the Ministry of Finance started investigations under the General Anti-avoidance Rule (GAAR) into firms misusing the law. Many firms have been using...

May 30, 2022

Rs 7,183.42 crore Revenue Deficit Grant

Recently, the Department of Expenditure (Ministry of Finance) released Rs 7,183.42 crore as a revenue deficit grant to 14 states. This is the 2nd monthly installment of the...

May 9, 2022

Debasish Panda- New IRDAI Chief

Debasish Panda has been appointed as the new chairperson of the Insurance Regulatory and Development Authority of India (IRDAI) for a three-year term. Overview: Former Department of Financial...

March 12, 2022

National Land Monetization Corporation

On 9th March 2022, the Union Cabinet chaired by PM Modi has approved the setting up National Land Monetization Corporation (NLMC). About NLMC NLMC was first proposed in...

March 10, 2022

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