Page-47 of Economy & Banking Current Affairs

BIMARU States Acronym

February 15, 2023

BIMARU is an acronym for the states BI: Bihar; MA: MP, R: Rajasthan, and U: UP. The acronym was formed by Ashish Bose, an economist from the 1980s. BIMARU (Bimar) in Hindi means sick. The economist framed the acronym to ..

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CBDT notifies 6 income tax return forms

February 15, 2023

The taxpayer should fill out the income tax return form and submit it to the Income Tax Department. The IT dept calculates the liabilities of the taxpayer. If he or she has paid extra taxes, then a refund is made. ..

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CPI and WPI based inflation Data Updates

February 15, 2023

The Wholesale Price Index reduced to 4.73% and the Consumer Price Index increased to 6.52% in January 2023. The WPI was 4.95% in December 2022 and the CPI was 5.72% in December 2022. In January 2022, the WPI was 13.68%. ..

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States’ allocation towards education – Data

February 15, 2023

Finance Minister Smt Nirmala Sitaraman presented the Union Budget in Parliament on February 1, 2023. Following the union budget the state governments too presented their budget for the financial year 2023-24 in their respective legislative assemblies. Of all the states, ..

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Bima Sugam Portal

February 14, 2023

The growth rate of the insurance sector in the country is very slow. Indian insurance sector accounts for less than 1.5% of world insurance. GoI has been taking several measures to increase investment in the sector. The FDI limit was ..

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Khanan Prahari Application

February 14, 2023

Illegal mining is increasing in India. While the illegal mining of minor minerals is common in states like AP, Telangana, and TN; illegal mining of major minerals like coal is common in northeastern states like Assam and Meghalaya. To curb ..

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TRIFED Aadi Mahotsav Festival

February 14, 2023

The Tribal Affairs ministry recently launched the Aadi Mahotsav festival. It is a ten-day long festival. The festival is to be celebrated in New Delhi. PM Modi will inaugurate the festival. More than thousands of artisans from different parts of ..

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Financial Literacy Week 2023

February 13, 2023

Financial Literacy Week is celebrated between February 13 and February 17. The celebrations are organized by the Reserve Bank of India. RBI will conduct a mass media campaign to spread financial awareness during the week. The week is celebrated by ..

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