Page-3 of Current Affairs - December, 2019

RBI Financial Stability Report: NPAs will increase

On December 27, 2019, RBI released Financial Stability Report. The report is biennial and reflects the collective assessment of the Sub-committee of Financial Stability and Development Council. The report said that the non-performing asset ratio of banks is increasing. It ..

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RBI directs large co-op banks to report all exposures above Rs.5 crore

Reserve Bank of India (RBI) has directed large cooperative banks to report all aggregate exposures of Rs.5 crores and more to Central Repository of Information on Large Credits (CRILC). The move is aimed at early recognition of financial distress. Key ..

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First Trial run of Double Stack Train

On December 28, 2019, a trial run of the first freight train was conducted in the western dedicated freight corridor. The train was flagged off by Dedicated Freight Corporation India Limited (DFCIL). Highlights The train will be operated in the ..

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CSIR develop new technology of Geranium Production

CSIR (Council of Scientific and Industrial Research) has developed a new low-cost technology to produce Geranium saplings. Geranium acts as an anti-inflammatory and anti-septic agent. It has several medicinal values. The development has been made under Aroma Mission. About the ..

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MiG 27 Retire: Last Squadron of fighter jet Decommissioned

The MiG-27, which is known to NATO (North Atlantic Treaty Organization) as the ‘Flogger’ and to Indian Air Force (IAF) as ‘Bahadur’, flew its last sortie in Jodhpur, Rajasthan. After this flight, IAF bid adieu to its squadron of seven ..

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Facts Box: Illegal farming of Bt Brinjal

Two laboratories confirmed illegal Bt brinjal cultivation in Haryana recently. The samples have also been sent by the Haryana Government to National Bureau of Plant Genetic Resources (NBPGR). Bt Brinjal In India, Brinjal is grown in around 550,000 hectares. India ..

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BPCL’s LPG bottling plant inaugurated in Odisha

The Bharat Petroleum Corporation Limited (BPCL) has set up the new state-of-the-art LPG Bottling Plant at Village Barkani in Bolangir district of Odisha. The LPG bottling plant with an annual capacity of filling 42 lakh cylinders has been developed by ..

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All new Railway recruits to be inducted through UPSC civil services exams

The Railway board has now decided that all new recruits in railways will be inducted through UPSC (Union Public Service Commission) Civil Services Exams under five specialities. The decision comes days after the Union Cabinet approved big ticket reforms in ..

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