Switzerland: GK, General Studies and Current Affairs

India receives second set of Swiss Bank Account Details

On October 9, 2020, India received second set of Swiss bank details under the “Automatic Exchange Pact” signed with Switzerland. The pact was a key milestone of GoI in its fight back against black money. Highlights India is one among 86 countries with which Switzerland exchanges information on financial accounts. In 2019, India received its ..

World’s Smallest Gold Coin Minted by Switzerland

Switzerland has recently minted the world’s smallest gold coin, which bears the famous picture of the great Scientist Albert Einstein with his tongue out. The government-run Swissmint announced that the world’s smallest coin has a diameter of 2.96-millimeter and weighs 0.063 grams. The value of the coin is pegged at 1/4 Swiss francs or approximately ..

Kalinganagar Plant of Tata Steel awarded at WEF

Tata Steel Kalinganagar was recently awarded at the World Economic Forum Annual Meeting in Davos, Switzerland for being included in the WEF’s Lighthouse Network. T V Narendran (CEO and MD of Tata Steel) represented the company at the World Economic Forum stated that the Kalingnagar plant has state of the art equipment and utilities that ..

Global Consortium for Digital Currency Formed by WEF

For the adoption of digital currencies, the first Global Consortium which focussed on creating a framework for Governance of Digital Currencies was announced on Friday, 24th January 2020 by the World Economic Forum. The announcement was made during the last day of the 50th annual meeting of WEF, held in Davos, Switzerland. Over the last ..

India & China Jointly ranked 80th in the Corruption Perception Index

India has been ranked at the 80th rank among 180 countries and territories in the Corruption Perception Index (CPI), which is prepared by the non-profit organization Transparency International. India was ranked at the 78th place in the previous year’s ranking. The Corruption Perception Index was recently released during the Annual Meeting of the World Economic ..