Page-35 of Current Affairs - April, 2021

IMF: Solidarity Tax on Pandemic Winners

The International Monetary Fund recently announced Solidarity Tax on Pandemic Winners. That is, the companies that prospered during COVID-19 crisis should pay additional tax to show solidarity towards those hit hardest by the pandemic. About the Solidarity Tax suggested by ..

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RBI: Inflation Forecast Model Amended

The Reserve Bank of India recently revised its Inflation Forecast Model. The new model will capture how fiscal and monetary policy interact with real economy elements in a better way. About the New Inflation Forecast Model The new model is ..

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World Bank-IMF launch Climate Change platform for poor countries

The World Bank and International Monetary Fund have launched a platform to advise the poor countries on funding for conservation and climate activities. Both the financial organizations will use the platform to factor climate change into negotiations about reducing debt ..

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MCA: 60% Eligible for pre-pack turnaround Scheme

The Ministry of Corporate Affairs (MCA) recently announced that six out of ten active Indian companies are eligible for the new pre-packaged bankruptcy scheme. This is because out of the 1.3 million active companies in India, 60% belong to the ..

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RBI Consumer Confidence Index

The Reserve Bank of India recently released the report of Consumer Confidence Survey. The survey was conducted in major cities of the country over 5,000 respondents. Key Highlights of the survey The Consumer Confidence Index declined from 55.5 points in ..

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G-sec acquisition programme – G-SAP 1.0

The Reserve Bank of India recently announced a Government Security Acquisition Programme, GSAP 1.0. Under the programme, the central bank will purchase government bonds of worth Rs 1 trillion (or one lakh crores of rupees). The first purchase of Rs ..

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Current Affairs 2021: Today’s News Headlines: April 8, 2021

Here are Today’s News Headlines by GK Today for April 8, 2021: India: Union Health Minister Dr Harsh Vardhan and Tribal Affairs Minister Arjun Munda launch ‘Anamaya – the Tribal Health Collaborative’ to enhance the health and nutrition status of ..

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What is Jordan Crisis?

Jordan is a unitary state that is ruled under a Constitutional Monarchy. Unitary state is a state that is governed as a single entity where the central government is ultimately supreme. In a Constitutional monarchy, a monarch (ruler or king) ..

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S Ramann: New Chairman and Managing Director of SIDBI

The Government of India recently appointed S Ramann as the Chairman and Managing Director of Small Industries and Development Bank of India. About the Appointment The appointment is for a period of three years. The name of the new Chairman ..

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IRDAI Guidelines on Trade Credit Insurance

The Insurance Regulatory and Development Authority of India (IRDAI) recently issued draft guidelines for general insurance companies. The guidelines mainly focus on credit insurance products with customised covers for MSMEs. Guidelines on Trade Credit Insurance The guidelines will enable general ..

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