Page-127 of Economy & Banking Current Affairs

Digital Yuan Wallet Apps

January 5, 2022

Digital Yuan is the digital currency of China. It was first launched in 2014 and has been working (test working) since then. The Digital Yuan is not a crypto currency. It is controlled by the Central Bank of China. The ..

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Recent Missions of Tourism Ministry

January 5, 2022

The Government of India is planning to bring a new tourism policy. The policy aims to provide better facilities and services to the tourists visiting India. It will create five missions in the country. What are the missions of the ..

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RBI Window for Primary Dealers

January 5, 2022

The Reserve Bank of India recently provided a new special window for bond houses called “Primary Dealers”. The window allows to exchange illiquid securities. Illiquid securities are those securities that cannot be sold easily or directly. That is, the investors ..

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Domestic Systemically Important Banks (D-SIBs)

January 5, 2022

As per Reserve Bank of India (RBI), State Bank of India (SBI), HDFC Bank and ICICI Bank continue to be identified as Domestic Systemically Important Banks (D-SIBs), similar to 2020 list of D-SIBs. Highlights These three banks continue to be ..

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Indian Bridge Management System

January 5, 2022

According to Union Minister of Road Transport & Highways Nitin Gadkari, Union Government will framework a policy to know the age and condition of all the bridges in India. Highlights Ministry had prepared the Indian Bridge Management System for collecting ..

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Telangana – UP Potato Ban

January 4, 2022

The Telangana Government recently banned the potatoes from Uttar Pradesh. Can a State Government do this? Do state government hold such powers? Yes. The Trade and Commerce is a State Subject under the Seventh Schedule of the Constitution. What happened? ..

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IRDAI guidelines on Surety Insurance

January 4, 2022

The IRDAI recently issued guidelines for surety insurance. Under the guidelines, the Insurance Regulatory and Development Authority of India has capped the surety insurance to 10% of the premium. And the maximum threshold was set to five hundred crores of ..

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Khanij Bidesh India (KABIL)

January 4, 2022

Ministry of Mines has created a joint venture (JV) company called “Khanij Bidesh India (KABIL)” with participating interest from Hindustan Copper (HCL), National Aluminium Company (NALCO), and Mineral Exploration Corporation (MECL). Key Facts The equity participation ratio of the JV ..

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Unified Presentment Management System (UPMS)

January 4, 2022

Wholly-owned subsidiary of national Payments Corporation of India, NPCI BillPay Ltd. (NBBL) introduced a unique functionality called “Unified Presentment Management System (UPMS) with the aim of enriching and simplifying bill payments in India. Unified Presentment Management System (UPMS) UPMS will ..

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2021 Gold Import in India

January 4, 2022

India reported a record $55.7 billion on gold imports in 2021. India bought more than double tonnage, as compared to previous tonnage, as a price drop favoured retail buyers. Key Facts 2021 gold import bill got doubled the $22 billion, ..

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