Page-315 of General Studies
What is the objective of RBI’s new 20000 cr-special OMO?
In a recent announcement, the Reserve Bank of India declared its intention to conduct simultaneous purchase and sale activities of government securities under the Open Market Operations for an amount of Rs 20,000 crore in two channels. Open Market Operation ..
Month: Current Affairs - August, 2020
Why is China considering to set up ‘BRICS innovation base’ on 5G?
China intended to establish a BRICS innovation base for strengthening the cooperation among the five-member country bloc including India in technical sectors like 5G, Artificial Intelligence, and digital economy, industry, and information technology. Object points Consolidation of the cooperation among ..
Month: Current Affairs - August, 2020
Average income of MGNREGA workers got doubled during lock-down: CRISIL
Indian credit rating agency CRISIL has said according to its report, the average income of MGNREGA workers has doubled in the time period of the COVID-19 outbreak lockdown to around Rs 1,000 during the first quarter of the FY20. What ..
Month: Current Affairs - August, 2020
PM-KISAN: Government initiated the process to identify illegal beneficiaries
The government’s concern over illegal beneficiaries of the PM-KISAN scheme is going to cease very soon as it has decided to identify farmers who are illegally receiving benefits. What is the PM-KISAN scheme? Pradhan Mantri Kisan Samman Nidhi is a ..
Month: Current Affairs - August, 2020
Poulomi Ghatak: Indian Table Tennis star announced retirement
Poulomi Ghatak, one of the most successful Indian table tennis players, who represented India at various international levels, declared retirement from her tennis career. Who is Poulomi Ghatak? Poulomi Ghatak belongs to the state of West Bengal. She is married ..
Month: Current Affairs - August, 2020
AFSPA extended for six more months in the state of Assam
The extension of the Armed Forces (Special Powers) Act, 1958 has been announced by the Assam government for 6 more months in the state, which is going to be effective from 28th August. What is AFSPA? Armed Forces (Special Powers) ..
Month: Current Affairs - August, 2020
KVIC’s Honey Mission: Bee boxes distributed to migrant workers
Minister of State for MSME, Shri Pratap Chandra Sarangi handed over 700 bee boxes to 70 migrant workers of two districts of the state of Uttar Pradesh which provided them the livelihood opportunity through the “Honey Mission” program. What is ..
Month: Current Affairs - August, 2020
What is the function of NABARD? What is its Credit guarantee scheme for NBFC-MFIs?
The National Bank for Agriculture and Rural Development (NABARD) announced the introduction of a dedicated debt and credit guarantee scheme for non-banking financial companies and microfinance institutions to make sure the abundant flow of credit in COVID-19 affected rural areas. ..
Month: Current Affairs - August, 2020
What is the special OMO which has been launched by the RBI? How does it impact the economy?
The Reserve Bank of India recently declared that it is going to conduct simultaneous purchase and sale activities of government securities under the Open Market Operations for an amount of Rs 20,000 crore in two channels. Open Market Operation (OMO) ..
Month: Current Affairs - August, 2020
ASTROSAT detected UV light from a galaxy, 9.3 billion light-years away
Pune based Inter-University Centre for Astronomy and Astrophysics confirmed that the AstroSat satellite has detected an extreme ultraviolet (UV) ray from a galaxy that is 9.3 billion light-years away from Earth. What is ASTROSAT? Astrosat is the first multi-wavelength space ..