Page-23 of Current Affairs - March, 2019

Raghuram Rajan to Get Yashwantrao Chavan National Award

Raghuram Rajan, former governor of RBI has been chosen for the ‘Yashwantrao Chavan National Award 2018’ by Yashwantrao Chavan Prathisthan for his contribution to economic development. Raghuram Rajan will be presented with the award at the 106th birth anniversary of ..

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Monster Salary Index Report

The Monster Salary Index report has highlighted the following findings: The gender pay gap is still high in India and women in the country earn 19 per cent less than men. Wage inequalities in favour of men are present in all ..

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International Women’s Day 2019

International Women’s Day 2019 is celebrated on 8th March every year to reflect on progress made, to call for change and to celebrate acts of courage and determination by ordinary women who have played an extraordinary role in the history ..

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RBI Eases Business Guidelines for White Label ATMs

The Reserve Bank of India (RBI) has eased business guidelines for white label ATMs. These new guidelines increase the avenues of revenue earning for the white label ATMs. What are White Label ATMs? Automated Teller Machines (ATMs) set up, owned ..

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Income tax exemption limit on gratuity doubled to Rs 20 lakh

The government has increased the tax-free gratuity income limit to Rs 20 lakh. This move will benefit the public as well as private sector employees. What is Gratuity? Gratuity is the monetary benefit provided by the employer to his/her employee ..

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Cabinet Clears Ordinance on Reservation Roster for University Teachers

The Union Cabinet headed by Prime Minister Narendra Modi has cleared the ordinance for the Reservation Roster for University Teachers. What was the issue? Following an order by the Allahabad high court in April 2017, the University Grants Commission had ..

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RBI Notifies Norms for 2% Interest Subsidy Scheme for Short-term Crop Loans

The Reserve Bank of India (RBI) has notified the norms for banks with regards to two per cent interest subvention or subsidy for short-term crop loans during 2018-19 and 2019-20 under the interest subvention scheme approved by the central government. ..

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Madhya Pradesh to increase the OBC quota and implement EWS

The government of Madhya Pradesh has announced the increase of the reservation quotas for the OBCs and has stated that it would also implement 10 per cent quota for the Economically Weaker Sections (EWS) under the general category. The government ..

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