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RBI increases Short-Term FPIs Limit
The Reserve Bank of India (RBI) recently increased the investment limit for FPIs in government and corporate bonds from 20 percent to 30 percent. In two separate notifications released by the banking regulator of India on Thursday, 23rd January 2020, ..
Month: Current Affairs - January, 2020
Policy to Lease Agricultural Land by Uttarakhand Government
The state government of Uttarakhand recently released a notification that it has made a policy to lease agricultural land, becoming the first Indian state to implement such a policy. As per the policy, any institution, company or NGO can take ..
Month: Current Affairs - January, 2020
AIIMS Darbhanga gets Health Ministry Approval
The Union Health Ministry has approved to set up the All India Institute of Medical Sciences (AIIMS) at the campus of Darbhanga Medical College (DMCH). The decision was taken after the clarification from the Bihar Government that the Darbhanga Medical ..
Month: Current Affairs - January, 2020
E-learning Madhu App launched by Odisha Government
The Chief Minister of Odisha, Naveen Patnaik has launched the ‘Madhu App’ for school students of Odisha on Tuesday, 3rd December 2019. The app is named after Utkal Gourab Madhusudan Das and has been developed in accordance with the 5T ..
RBI sets the limits for Ways and Means Advances (WMA)
The Reserve Bank of India (RBI) in consultation with the government of India has set the limits for Ways and Means Advances (WMA) for the first half of the financial year 2019-20 (April 2019 to September 2019) at Rs 75000 ..