Page-120 of Economy & Banking Current Affairs

Federated Digital Identities

The Ministry of Electronics and IT has introduced the “Federated Digital Identities”. It aims to inter link the multiple identities of Indian citizens. For instance, the digital IDs like Aadhaar, Passport and PAN are inter linked and stored under a ..

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National Conference on Agriculture for Summer Campaign

The Union Agricultural Minister recently addressed the fourth National Conference on Agriculture for Summer Campaign. The conference is also called the Zaid conference. The conference focuses on summer crops. About the conference The conference reviewed the crop performances. Also, it ..

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Conditional market approval for Covaxin, Covishield

The Drug regulator in India has granted conditional market approval for the COVISHIELD and COVAXIN vaccines. This means that the private hospitals shall administer the vaccines. However, the vaccines will not be available in retail medical stores. What is conditional ..

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Coal Directory of India 2020-21

Coal Controller’s Organization released its flagship publications “Coal Directory of India 2020-21”, recently. Highlights Coal Controller’s Organisation is a subordinate office under Ministry of Coal. The publication was released by the Secretary of Ministry of Coal, Dr. Anil Kumar Jain ..

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India’s exports of Electronic Goods- Recent Trends

India’s exports of electronic goods reached to USD 1.67 Billion in December 2021. It registered a growth of 33.99%, as compared to export of USD 1.25 Bn in December 2020. Key Points During April-December 2021, electronic sector registered a exports ..

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Transfer of Air India -Time Line

On January 27, 2022, the Union government transferred its shares in Air India to Tata Sons subsidiary, Talace. Key Facts Apart from Shares, its control and management were also transferred to Talace. With this, disinvestment process ended which started five ..

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Stand-alone Energy Storage System

Union Minister for Power and New & Renewable Energy R K Singh announced government’s plan to de-license “stand-alone Energy Storage System”. Key Facts Now, people may be free to set up standalone energy storage systems (ESS). Elements of draft policy ..

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IMF on El-Salvador Bitcoin legal tender

The International Monetary Fund recently asked El Salvador to remove the legal status of bitcoin. What happened? In September 2021, El Salvador became the first country to allow its consumers to use cypto currencies. Fear arose all over the country ..

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Rise in India’s Bilateral Trade with China

As per Chinese government data, India’s bilateral trade with China has increased to 43.3 percent in 2021, despite India’s measures to reduce dependence on imports from China and increased emphasis on self-reliance. Key Points India’s imports from China increased to ..

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What is a Deccahorn?

Deccahorns are private firms whose value exceeded over ten billion USD. Recently Swiggy has become the fourth Indian company to earn the tag. The other three companies that hold the tag already are Paytm, a FinTech, Oyo (a hotel aggregator) ..

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