Current Affairs is the most important area in all competitive exams. But the difficulty level is very high. That’s why; many aspirants get confused, how to select Current Affairs for Preparation of Competitive Examination? In this Post, Daily Current Affairs 21 October 2022, we have tried to cover each and every point and also included all important facts from National/ International news that are useful for upcoming competitive examinations such as UPSC, SSC, Railway, State Govt. etc.
Current Affairs for Competitive Exam – 21 October 2022
Finance ministry releases Rs 1,764 crore grant to four states
Finance ministry releases Rs 1,764 crore grant to four states : Ministry of Finance released an amount of one thousand 764 crore to four States for providing grants to Million Plus Urban Cities. Of the total amount, 136 crore rupees was released to Andhra Pradesh, 109 crore rupees to Chhattisgarh, 799 crore rupees to Maharashtra and 720 crore rupees to Uttar Pradesh.
October 2022 Current Affairs Quiz
The govt has released the grants for Million Plus Cities/ Urban Agglomerations (MPC/UAs) of Vijayawada and Visakhapatnam in Andhra Pradesh; Durg Bhilainagar and Raipur in Chhattisgarh; Aurangabad, Greater Mumbai, Nagpur, Nashik, Pune and Vasai-Virar City in Maharashtra.
Mahindra Finance partners India Post Payments Bank to enhance credit
Mahindra Finance partners India Post Payments Bank to enhance credit : Mahindra and Mahindra Financial Services Ltd has partnered with India Post Payments Bank to enhance credit access to a larger customer base.
October 2022 Current Affairs Quiz
IPPB will provide lead referral services to Mahindra Finance for passenger vehicles, three-wheeler, tractor and commercial vehicle loan categories.
As a pilot, this scheme would launch in the IPPB branches of Maharashtra and Madhya Pradesh. It is expected to spread across other states over the next four-six months.
RBI approves Cygnet to operate as NBFC account aggregator
RBI approves Cygnet to operate as NBFC account aggregator : Fintech firm, Cygnet has received in-principle approval from the Reserve Bank of India (RBI) to operate as a non-banking financial company (NBFC) account aggregator.
October 2022 Current Affairs Quiz
Account Aggregator: It is an open financing data-sharing protocols, regulated by the RBI.
It allows consumers to instantly share their financial data with various financial institutions. It also facilitates financial institutions to quick access consumers’ consent-based financial data.
PM Jan Dhan account crosses ₹1.75-lakh crore mark
PM Jan Dhan account crosses ₹1.75-lakh crore mark : As per the government data, PM Jan Dhan Yojana (PMJDY) has crossed the ₹1.75 lakh crore mark on October 5, 2022. The total number of beneficiaries has reached 47 crore. Women hold a bigger share of 26.16 crore accounts, of which the bulk 31.42 crore accounts were in rural and semi-urban areas.
October 2022 Current Affairs Quiz
Of the total, PSBs held Rs 1.35 lakh crore, followed by Regional Rural Banks with Rs 34,573 crore. About 18% of total accounts are either dormant or inoperative as on June 2022.
