RBI Raises Collateral-Free Loan Limit for Farmers to ₹2 lakh

The Reserve Bank of India (RBI) has announced an increase in the limit for collateral-free loans available to farmers. This change, effective from January 1, aims to support small and marginal farmers facing escalating farming costs. New Loan Limit Details ..

Month: Current Affairs - December, 2024

Category: Agriculture Current Affairs

What is Gympie-Gympie, the World’s Most Toxic Plant?

The Gympie-Gympie, scientifically known as Dendrocnide moroides, is considered the most toxic plant globally. Native to Australia, it has gained notoriety due to its excruciating sting, which can induce unbearable pain and distress. This pain can last for weeks or ..

Month: Current Affairs - December, 2024

Category: Environment Current Affairs

Russia to Introduce Visa-Free Travel for Indian Tourists in 2025

In development for tourism, Indian tourists may soon travel to Russia without a visa, which could commence in spring 2025, following discussions between Russia and India aimed at facilitating easier travel for tourists. Recent Developments in Travel Arrangements In June ..

Month: Current Affairs - December, 2024

Category: International / World Current Affairs

Mikheil Kavelashvili Elected President of Georgia

Georgia has recently witnessed a political shift with the election of Mikheil Kavelashvili as the new president. His election comes amidst rising discontent regarding the government’s decision to postpone the country’s European Union accession until 2028. Kavelashvili, a former footballer ..

Month: Current Affairs - December, 2024

Category: Awards, Honours & Persons in News

Britain Becomes First European Member of CPTPP

Britain has officially become the first European nation to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), making the UK the 12th member of this influential trade group. The CPTPP includes various countries such as Canada, Japan, Australia, ..

Month: Current Affairs - December, 2024

Category: International / World Current Affairs

India-Nepal Army Cooperation Strengthened

General Upendra Dwivedi, the Chief of the Indian Army, recently concluded a three-day visit to India by General Ashok, the Chief of the Nepali Army. This visit aimed to enhance military cooperation and strengthen the longstanding ties between the two ..

Month: Current Affairs - December, 2024

Category: Defence Current Affairs

Italian Grants Citizenship to Argentina’s President

The Italian government has recently granted citizenship to Argentina President Javier Milei due to his Italian ancestry, which has sparked controversy in Argentina. Critics argue that the citizenship law, which favors those with Italian heritage, is discriminatory towards children of ..

Month: Current Affairs - December, 2024

Category: Legal & Constitution Current Affairs

RBI Tackles Unclaimed Deposits in India

The Reserve Bank of India (RBI) has initiated measures to address the growing issue of unclaimed deposits, arising from inactive savings or current accounts, as well as unclaimed term deposits. The RBI aims to safeguard depositor interests while facilitating the ..

Month: Current Affairs - December, 2024

Category: Economy & Banking Current Affairs