Current Affairs

GK MCQs Section

Page-3 of Topic: Ministry of Finance

FinMin allows all Private Banks to Participate in Government Business

The finance ministry has allowed all the private sector banks to participate in business related to government such as small savings schemes and collection of taxes pension payments....

February 25, 2021

Andhra Pradesh: 2nd State to undertake Power Sector reforms

Andhra Pradesh has become the second State to implement the power sector reforms that was put forward by the Department of Expenditure, Ministry of Finance. Highlights The state...

February 5, 2021

Economic Survey 2021- Key Highlights

Union Finance Minister Nirmala Sitharaman tabled the Economic Survey 2020-21 in the Lok Sabha on January 29, 2021. Highlights The Economic Survey 2021 presented an estimation of the...

January 29, 2021

Rajasthan- 5th state to complete Urban Local Bodies Reforms

Rajasthan has become the 5th state in the country to successfully complete the Urban Local Bodies (ULBs) reforms. This was specified by the Department of Expenditure, Ministry of...

January 28, 2021

What are Off-Budget Borrowings?

The Government of India is all set to present the Union Budget 2021 on February 1, 2021. This year, the focus of the budget will be on off-budget...

January 28, 2021

What is Economic Survey?

The economic survey for 2020-2021 will be tabled in the parliament on January 29, 2021 days before the presentation of Union Budget on February 1, 2021. Key Facts...

January 27, 2021

Businesses, with an annual turnover of up to Rs 40 lakh are exempted from GST

The Finance Ministry of the Government of India has declared in a series of statements that Businesses with an annual turnover of up to Rs 40 lakh will...

August 25, 2020

Banks sanction loans worth over Rs 1.5 lakh crore under ECLGS for MSME

The finance ministry declared, Public and Private Sector Banks have disbursed loans over Rs 1.5 lakh crore under the Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME...

August 20, 2020

GoI: No New Schemes for a year

On June 5, 2020, the Government of India announced that no new schemes will be approved till March 31, 2021. Till then, the schemes under Pradhan Mantri Garib...

June 6, 2020

Status Paper on Government Debt released

On May 22, 2020, the Ministry of Finance released Status Paper on Government Debt 2018-19. According to the report, the overall debt of centres and states declined by...

May 23, 2020

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