Page-121 of Economy & Banking Current Affairs
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) ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs
MeitY: Electronics Manufacturing Vision Document
The Ministry of Electronics and Information Technology recently released a five year road map for the electronics sector. The ministry also released a vision document called “300 billion USD Sustainable Electronics Manufacturing and Exports by 2026”. About the vision document ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs
PMC Bank amalgamation scheme
On January 25, 2022, the Reserve Bank of India (RBI) announced that, government has notified a draft scheme for amalgamation of Punjab & Maharashtra Cooperative (PMC) Bank with Unity Small Finance Bank (SFB). Highlights Final scheme envisages to start pay-outs ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs
India: Restrictions on Export of Human Hair
On January 25, 2022, the Government imposed restriction on export of human hair. This ban was imposed with the aim of curbing alleged smuggling of products from India. Key Facts With this decision, exporters would now require permission or licence ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs • India Nation & States Current Affairs
IMF World Economic Outlook- Update
The International Monetary Fund (IMF) released its World Economic Outlook on January 25, 2022. Key Findings of the report As per report, Global economic growth will decrease by half a percentage point less than it was forecasted earlier. The growth ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs • Reports & Indexes Current Affairs
India: Promotion of Drone Use in Agriculture
The Government of India is to promote the use of drones in agriculture. For this, the Ministry of Agriculture and Farmer Welfare has amended the SMAM guidelines. SMAM means Sub – Mission on Agricultural Mechanisation. Also, the ministry has issued ..
Month: Current Affairs - January, 2022
Category: Agriculture Current Affairs • Economy & Banking Current Affairs
CSC Yogyata Mobile Application
The Common Service Centre operating under the Ministry of Electronics and IT recently launched the Yogyata Mobile Application. The main objective of the application is to provide skill development opportunities to the youths in the rural areas. About the app ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs
Spice Xchange India Portal
The Spice Board of India recently launched the Spice Exchange Portal. The portal will act as a meeting point between the Indian spice exporters and the buyers all over the world. This platform is first of its kind in the ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs
Online Storage Management (OSM) System
Central government is set to roll out a digital system called “Online Storage Management (OSM)” from April 1, 2022 in a bid to bring in operational efficiency in storage, movement and distribution of food grains under Targeted Public Distribution System ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs • Government Schemes Current Affairs
India: Largest exporter of Cucumber and Gherkins
India emerged as the ‘Pickle King of The World’, in a recent development. Highlights India crossed the exports if worth USD 200 million of agricultural processed product, pickling gherkins, cucumber or cornichons, in the financial year 2020-2021. With this, India ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs