May 2021

Lenders can go after personal guarantors to corporates

Lenders can go after personal guarantors to corporates

The Supreme Court recently upheld a government move to allow lenders to initiate insolvency proceedings against personal guarantors, who are usually promoters of big business houses, along with the stressed corporate entities for whom they gave guarantee. Daily Current Affairs Quiz 2021 It held that the November 15, 2019, government notification allowing creditors, usually financial

Lenders can go after personal guarantors to corporates Read More »

Members of the governing board of the Kalakshetra Foundation

Members of the governing board of the Kalakshetra Foundation

Renowned Carnatic vocalists Sudha Ragunathan and Neyveli Santhanagopalan and flautist Shashank Subramanyam have been nominated members of the governing board of the Kalakshetra Foundation. Daily Current Affairs Quiz 2021 Kalakshetra Foundation is an arts and cultural academy dedicated to the preservation of traditional values in Indian art and crafts, especially in the field of Bharatanatyam

Members of the governing board of the Kalakshetra Foundation Read More »

Government launched NMMS app & Area officer monitoring App

Rural Development Minister Narendra Singh Tomar has launched National Mobile Monitoring Software, NMMS app and Area officer monitoring App through Video-Conferencing. Daily Current Affairs Quiz 2021 The NMMS App permits taking real time attendance of workers at Mahatma Gandhi NREGS worksites along with geotagged photograph, which will increase citizen oversight of the programme besides potentially

Government launched NMMS app & Area officer monitoring App Read More »

Reserve Bank of India to transfer ₹99,122 crore to government

Reserve Bank of India to transfer ₹99,122 crores to the government

The Reserve Bank of India (RBI) announced to transfer ₹99,122 crores to the government from its profit, helping the Centre keep its fiscal deficit in check amid strained public finances because of the pandemic. Daily Current Affairs Quiz 2021 The higher-than-expected dividend or surplus transfer to the government comes as the government is expecting a

Reserve Bank of India to transfer ₹99,122 crores to the government Read More »

Delhi High Court quashes GST on oxygen concentrators

Delhi High Court quashes GST on oxygen concentrators

The Delhi High Court held the Government’s imposition of Goods and Services Tax (GST) on oxygen concentrators imported for personal use as ‘unconstitutional’ and said oxygen concentrators constitute a life-saving device during the COVID-19 pandemic. Daily Current Affairs Quiz 2021 It said that oxygen concentrators constitute a life-saving device during the COVID-19 pandemic and during

Delhi High Court quashes GST on oxygen concentrators Read More »

DRDO develops COVID-19 antibody detection kit 'DIPCOVAN'

DRDO develops COVID-19 antibody detection kit ‘DIPCOVAN’

Defense Institute of Physiology and Allied Sciences (DIPAS), the research laboratory of Defence Research and Development Organisation (DRDO), has developed an antibody detection-based kit called ‘DIPCOVAN’. Daily Current Affairs Quiz 2021 The kit will help people detect if they have previously been exposed to the COVID-19 virus and if their bodies had produced antibodies to

DRDO develops COVID-19 antibody detection kit ‘DIPCOVAN’ Read More »

Scroll to Top