Current Affairs

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Page-80 of Economy & Banking Current Affairs

First Advance Estimates of production of major kharif crops

The Central government has released the first-ever advance estimates of production of major Kharif crops. Key facts The Ministry of Agriculture and Farmers Welfare has released the advance...

September 22, 2022

Global Fintech Fest 2022

The Global Fintech Fest 2022 is organized to provide a platform to discuss ways to achieve sustainable finance. Key facts The GFF 2022 is jointly organized by National...

September 21, 2022

ADB releases updated Asian Development Outlook

The updated Asian Development Outlook predicts that developing economies will faster than China. Key findings For the first time in 30 years, rest of developing Asia will grow...

September 21, 2022

“The Merge” of the Ethereum

Ethereum – the world’s second largest blockchain – has transitioned from the legacy “proof-of-work” to a “proof-of-stake” consensus mechanism. Key facts The Ethereum Merge is an upgrade that...

September 21, 2022

New Framework for Social Stock Exchange

The SEBI has unveiled a framework for the SSE, which was notified in July 2022. Key facts Under the new rules, the Social Stock Exchange (SSE) will be...

September 21, 2022

RBI asks large UCBs to set up Board-approved policy, compliance function

The RBI has directed urban cooperative banks (UCBs) belonging to tier 3 and tier 4 categories to create a Board-approved policy and compliance function. Key facts The central...

September 20, 2022

Market-Based Economic Dispatch (MBED) mechanism

The Union Ministry of Power is currently calling for the Market-Based Economic Dispatch (MBED) mechanism – a radical shift from the current decentralized, voluntary pool-based electricity market. What...

September 19, 2022

9th Session of Governing Body of the International Treaty on Plant Genetic Resources for Food and Agriculture

Union Minister of Agriculture and Farmers Welfare Narendra Singh Tomar recently inaugurated the 9th Session of Governing Body of the International Treaty on Plant Genetic Resources for Food...

September 19, 2022

India-Bangladesh Friendship Pipeline

The Assam-based Numaligarh Refinery Limited (NRL) is expected to complete the construction of India-Bangladesh Friendship Pipeline by the end of 2022. What is India-Bangladesh Friendship Pipeline? The India-Bangladesh...

September 19, 2022

Amendment of Foreign Trade Policy of India for Rupee Settlement

The Central Government has made changes to the Foreign Trade Policy of India to activate the RBI’s mechanism facilitating trade in the Indian Rupee. Key facts The recently...

September 19, 2022

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