Page-87 of Economy & Banking Current Affairs

What are NITI Aayog proposals for regulation of Digital Banks?

July 21, 2022

On July 20, 2022, NITI Aayog released a report on digital banks titled “A proposal for Digital Banks in India: Licensing and Regulatory Regime’’ In the report, government’s think tank has provided template and roadmap for licensing and regulatory regime ..

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What is WhatsApp banking? How does it work?

July 21, 2022

Recently, the State Bank of India launched its “WhatsApp Banking Services”. This service will help SBI customers to avail some of the banking services on WhatsApp. This will make banking easier for the customers as it will reduce the need ..

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What are current trends in inward remittances in India?

July 21, 2022

India recently became the largest recipient of remittances worldwide. As per World Bank, it received USD 87 billion in 2021, accounting for a growth of 4.6%. India is followed by China and Mexico, each accounting for USD 53 billion remittances. ..

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What are key features of India Innovation Index 2021?

July 21, 2022

Third edition of the India Innovation Index released by NITI Aayog on July 21, 2022. The index assesses performance of states in innovation ecosystem on the basis of NITI Aayog’s ranking released the previous year. 2021 report was prepared in ..

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Current Affairs- Today’s Headlines: July 20, 2022

July 20, 2022

Here are Today’s News Headlines by GK Today for July 20, 2022 INDIA – Shiv Sena splits in Lok Sabha as 12 out of 19 MPs join rebel camp; Rahul Shewale named party leader in House – ‘Beyond the Misty ..

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Cut in Windfall Tax on petrol, diesel, ATF

July 20, 2022

On July 20, 2022, Union government reduced the windfall tax on petrol, diesel, crude oil and jet fuel, following the cut in international rates. Highlights Windfall tax on diesel and aviation turbine fuel (ATF) has been reduced by Rs 2 ..

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Himachal Pradesh: First to connect all VLTD vehicles with ERSS

July 20, 2022

Himachal Pradesh has become India’s first state to connect the Vehicle Location Tracking Device (VLTD) with the Emergency Response Support System (ERSS). Highlights All the registered commercial vehicles equipped with VLRD will be connected with ERSS. Through this mechanism, these ..

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RBI: Four-tiered regulatory for Urban Cooperative Banks

July 20, 2022

On July 19, 2022, a simple four-tiered regulatory framework was adopted by the Central Bank, for Urban Co-operative Banks (UCBs). Key Facts The RBI adopted the framework on the basis of size of deposits. This move is aimed at strengthening their financial ..

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Telangana- UNDP MoU on DiCRA

July 20, 2022

Government of Telangana recently announced “Data in Climate Resilient Agriculture (DiCRA)” as a part of Digital Public Goods Alliance, in association with the United Nations Development Programme (UNDP). What is DiCRA? DiCRA is the latest addition to Digital Public Goods ..

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Sanjay Agarwal Committee on MSP

July 20, 2022

Union Government has constituted “Sanjay Agarwal Committee on Minimum Support Price (MSP)”, to make it more effective and transparent. Committee has been created around eight months later the three farm Acts were repealed. Members of the Panel The committee will ..

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