August 2019

Government offers easy credit access to boost growth

Finance minister Nirmala Sitharaman started the process of rolling out a slew of measures to boost industry’s access to credit, including opening a ₹10,000 crore liquidity window for home financiers. Daily Current Affairs Quiz 2019 Sitharaman will meet chiefs of all state-run as well as private sector banks on Monday to discuss issues related to

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Bank of China

RBI allowed Bank of China to offer regular banking services

The Reserve Bank of India allowed Bank of China to offer regular banking services in the country. All commercial banks, like SBI, HDFC Bank, Punjab National Bank and ICICI Bank, are in the Second Schedule. Banks falling under this schedule have to adhere to the norms of the RBI. Daily Current Affairs Quiz 2019 “We

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One Nation – One Ration Card Scheme

To sustain the reforms brought in by scheme on ‘End to End Computerization of Targeted Public Distribution System (TPDS) Operations’ the Department of Food & Public Distribution has launched a new scheme namely “Integrated Management of Public Distribution System (IM-PDS)” for implementation during 2018-19 and 2019-20. The main objective of the scheme is to introduce

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Nagar kirtan from Pakistan reaches India for first time

For the first time after Partition, nagar kirtan (Sikh religious procession) being carried out as part of the 550th birth anniversary celebrations of Guru Nanak, the founder of Sikhism, reached India via the Attari-Wagah border from Nankana Sahib in Pakistan. Daily Current Affairs Quiz 2019 The procession crossed the zero line to enter the Indian

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tariff on Chinese goods

US to impose an additional 10 percent tariff on Chinese goods

China shot back after President Donald Trump announced on Twitter that the U.S. would impose an additional 10 percent tariff on $300 billion in Chinese goods starting next month. Daily Current Affairs Quiz 2019 Chinese foreign ministry spokeswoman Hua Chunying called Trump’s move a “serious violation” and warned Beijing would have to take “necessary countermeasures”

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Partial Dutch ban on face-covering clothing takes effect

Netherlands — A new Dutch law took effect banning face-covering clothing — including the burqa and niqab worn by conservative Muslim women — on public transportation, in government buildings and at health and education institutions. Daily Current Affairs Quiz 2019 The Netherlands, long seen as a bastion of tolerance and religious freedom, is the latest

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Flipkart Samarth is launched by Flipkart

Flipkart Samarth is launched by Flipkart– an initiative aimed at bringing India’s artisans, weavers, and handicrafts producers onto e-commerce. This move will open up national market access for these underserved communities, giving them access to a constantly growing pan-India customer base of more than 150 million and empowering them to leverage the benefits of the

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