Page-49 of Economy & Banking Current Affairs

RBI Guidelines on Climate risk, sustainable finance

In July 2022, the Reserve Bank of India released a discussion paper called Climate Risk and Sustainable Finance. The discussion paper of RBI analyses an issue from different angles and provides solutions and guidelines to solve the problem. Based on ..

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US Fed: Wall Street Bank Stress Test scenarios

The Federal Reserve of the United States is to create a hypothetical scenario of economic crisis. This is being done to check if the top-performing banks in the country shall survive the economic crisis. There are 23 big banks in ..

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CMFRI identifies sites for sea cage farming

Sea cage farming is growing fish in the sea using an enclosed net. Even if we use just 1% of inshore water in this, we can produce 3.2 million tonnes of fish. However, India is lagging in the method. To ..

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Lithium Reserves found in Jammu and Kashmir

The Geological Survey of India has found lithium reserves in Jammu and Kashmir. They have been found in the Reasi district. Today India is importing Lithium from countries from Argentina and Australia. In 2021 alone, the price of lithium increased ..

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RBI expands scope of TReDS platform

The TReDS is Trade Receivables Discounting System. It facilitates finances for MSMEs. The major drawback of the MSME platform is that they are unable to convert the trade receivables into liquid funds. The TReDS mainly addresses this issue. Trade receivable ..

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YouGov report on Disposable Income

YouGov is an international data analytics firm. It is based in the UK. The org recently released a report on disposable income. The income that remains with the citizens after deducting taxes is called disposable income. The YouGov report says ..

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MMTC-PAMP launches Digital Silver

Digital Gold is a virtual method of buying gold. You will have gold on the paper. Just like digital gold, now digital silver has been launched. It was launched by MMTC-PAMP. MMTC is a Metals and Minerals Trading Corporation. It ..

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SC to hear Adani-Hidenburg row

Advocate Vishal Tiwari recently filed a Public Interest Litigation to the Supreme court to take up the case of the Adani-Hidenburg row. The apex court has agreed and will hear the case on Feb 10, 2023. Vishal is a practising ..

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