Current Affairs Quiz – 11 June 2019
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July 2019
Govt. to celebrate 2 years of GST on July 1st
On the second anniversary of Goods and Services Tax (GST) on July 1, the Ministry of Finance will launch some reforms in the indirect tax regime, including a new return system, rationalisation of cash-ledger system and a single refund-disbursing mechanism, among others. Minister of State for Finance and Corporate Affairs Anurag Thakur will also give
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West Bengal launches free crop insurance scheme for farmers
West Bengal Government launched a crop insurance scheme, Bangla Shashya Bima (BSB). The reason for the launch of 2019 ‘Kharif’ season is to protect farmers from losses due to natural disasters. Their main aim is to provide a steady income in case of unstable market prices. The scheme launched in collaboration with Agriculture Insurance Company
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Ravi Shankar Prasad to launch commemoration of four years of Digital India initiative
India has emerged as a digitally empowered nation. But more needs to be done to transform everyday lives. Since its launch in 2015 by PM Narendra Modi, the Digital India initiative has achieved many milestones. Digital India was launched with an objective of connecting rural areas with high-speed Internet networks and improving digital literacy. To
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Nagaland occupies the top position in the unemployment rate: NSSO Survey
According to the survey, “The Periodic Labour Force Survey (PLFS) for 2017-18” which is conducted by National Sample Survey Organization (NSSO). The huge variations among the states in terms of the unemployment rate. The overall unemployment rate is around 6.1. Nagaland has the highest unemployment rate among the states with the percentage of 21.4% It
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PM Modi, US President Trump agree to sort out trade disputes
Prime Minister Narendra Modi and President Donald Trump “aired” their concerns over the bilateral trade disputes and agreed for an early meeting of their commerce ministers to sort out the issues, a day after the US leader demanded withdrawal of the “very high” tariffs levied by India on American goods. Though trade is an important
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Koinex shuts down; throws Indian Indian cryptocurrency market into uncertainty
India’s leading cryptocurrency exchange Koinex announced on Thursday that it was shutting its operations from 2 pm on June 27, blaming the decision on the ‘uncertainty and disruption’ in the crypto-sphere in India. In a blogpost, Koinex Founder Rahul Raj announced the digital assets company’s shut down of operations after facing regulatory troubles and lack of
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International Day of the Tropics 29 June
The Tropics are a region of the Earth, roughly defined as the area between the tropic of Cancer and the tropic of Capricorn. Although topography and other factors contribute to climatic variation, tropical locations are typically warm and experience little seasonal change in day-to-day temperature. An important feature of the Tropics is the prevalence of
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Costliest Cities To Live In 2019 has Mumbai as India’s most expensive, Top 3 from Asia
The new cost of living survey of 2019 is out and according to the list Hong Kong is the world’s most expensive city for expats to live in, for the second consecutive year. According to the Mercer survey, the city that made to the second position is Tokyo, Japan, followed by Singapore, Seoul in South
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Sarada Kumar Hota appointed as National Housing Bank MD
Sarada Kumar Hota, managing director (MD) and chief executive officer of Can Fin Homes has been appointed as the MD of National Housing Bank. Prior to this, Hota has served as the managing director of Can Fin Homes, a subsidiary of Canara Bank. His appointment comes nearly nine months after former MD Sriram Kalyanaraman stepped
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