G20 Digital Economy Ministers meet held through video conference

On April 30, 2020, G20 Digital Economy Ministers meeting was convened. A ministerial statement was issued by the G20 Digital Economy Task Force at the meet. India was represented by the Union Minister Ravi Shankar Prasad. Highlights According to the ..

Month: Current Affairs - May, 2020

Artificial Intelligence based Chatbot ASKDISHA launched by the Railways

The Indian Railways recently launched Artificial Intelligence based chatbot called “ASKDISHA”. The chatbot will interact with the Railway customers in Hindi language resolving their queries. Highlights The Chatbot was initially launched in 2018 in English. Now, the chatbot has been ..

Month: Current Affairs - February, 2020

RBI launches 5-year Financial Inclusion Strategy

The Reserve Bank of India has launched National Strategy for Financial Inclusion (2019-24). The main motive of the strategy is to provide access to financial services in an affordable manner. Highlights The Strategy has been launched after thorough consultation with ..

Month: Current Affairs - February, 2020

RBI to release Digital Payment Index by July 2020

The Reserve Bank of India announced that it will create a Digital Payment Index by July 2020. The main aim of the index creation is to capture the extent of digitization of monetary payments in the country Highlights With the ..

Month: Current Affairs - February, 2020

Finance minister: MDR charges not applicable for RuPay and UPI from 2020

On December 28, 2019, Finance Minister Nirmala Sitaraman announced that Merchant Discount Rate (MDR) will not be applicable on bank transactions made through RuPay and UPI platforms. Highlights The Finance Ministry has directed the banks to start campaigns to popularize ..

Fake Crypto-currency menace on the Rise

The rise of digital penetration in the world has lead to an increase in the instances of cyber crimes and digital fraud in recent years. The latest in this series of frauds has been the instance of a company based ..

Cloud Computing

Cloud computing refers to the delivery of computing services which may include computer servers, data storage, databases, networking, software development, analytics, and intelligence facilities on the Internet. This entire process is known as the cloud and it offers faster innovation ..

Digital Kleptocracy

A government in which corrupt leaders (kleptocrats) use their power to exploit the people and natural resources of a country to increase their personal wealth and political powers is referred to as Kleptocracy. What defines kleptocracy? A kleptocracy is a ..