Current Affairs March 2022

RBI lifts interest cap on microfinance institutions

The RBI has released its final guidelines for microfinance loans, lifting an interest cap and allowing companies to have a board-approved policy to price for such lending. The RBI will continue checking that microfinance institutions do not charge usurious rates. Each entity has to disclose pricing-related information to borrowers in a standardized simplified factsheet. A borrower cannot be charged any amount that […]

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India’s first Digital Water Bank ‘AQVERIUM’ launched

First Digital Water Bank of India ‘AQVERIUM’ has been launched in Bengaluru, which is an innovative initiative aimed at better water management It is formed by AquaKraft Group Ventures. It is a very unique innovation combining sustainable & green technologies along with information technology, skill development & entrepreneurship. It is a curated list of water data from all institutions

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Credit Guarantee Scheme for Subordinate Debt (CGSSD) extended up to 2022

Centre has approved the extension of ‘Credit Guarantee Scheme for Subordinate Debt’ (CGSSD) up to 31st March 2022. CGSSD was launched on 24th June 2020 under Distressed Assets Fund – Subordinate Debt for Stressed MSMEs component of Aatma Nirbhar Bharat Package. Aim: Provide credit facility through lending institutions to promoters of stressed MSMEs like SMA-2 and NPA accounts who are eligible

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Pradeep Rawat assumes charge as India’s new ambassador to China

Pradeep Kumar Rawat (1990 batch Indian Foreign Service (IFS) officer) has assumed charge as India’s new ambassador to China. He succeeded previous Ambassador Vikram Misri, who has been appointed as Deputy National Security Advisor. Prior to this, he was India’s ambassador to the Netherlands. His appointment as India’s Ambassador to China comes at a time when both the

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Bangladesh tops the list in terms of women on board of listed companies

Bangladesh tops the list in terms of women on board of listed companies in South Asia, as per the study conducted by International Finance Corporation (IFC) and Dhaka Stock Exchange (DSE). According to data, there was an increase in the percentage of women who are independent directors on listed companies from 5% in 2020 to 6%, despite COVID-19 2020

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RBI barred Paytm Payments Bank from adding new customers

RBI has barred Paytm Payments Bank from opening new accounts or adding new subscribers with immediate effect. RBI has also directed Paytm Payments Bank to appoint an IT audit firm to conduct a comprehensive audit of its IT system. This action is based on certain material supervisory concerns observed in the bank. Paytm Payments Bank was incorporated in

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Daily Current Affairs Quiz: 16 March 2022

Daily Current Affairs Quiz 16 March 2022 is very important for Competitive Exams like SSC, Railway, RRB, Banking, IBPS, PSC, UPSC, etc. We gkseries team compose these Current Affairs Quiz from Newspapers like The Hindu and other competitive magazines.

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Daily Current Affairs – 16 March 2022

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 16 March 2022, we have tried to cover each and every point and also included all

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WWE legend Razor Ramon passes away at 63

Former wrestler and World Wrestling Entertainment Hall of Famer Scott Hall, who reached stardom as “Razor Ramon” during the heyday of his career in the 1990s, has died, according to the WWE. He was 63. His tenure with World Wrestling Federation (WWF, now WWE) began in May 1992. With WWE, he was famously known by

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International Kabaddi star Sandeep Singh Nangal passes away after being shot dead

Renowned international kabaddi player Sandeep Nangal was shot dead during an ongoing tournament match at Jalandhar’s Mallian Khurd on Monday evening, March 14. He was 40. As per the reports, Sandeep was shot dead during a kabaddi tournament in Jalandhar, Punjab. Besides being a regular member of the Indian national team, Sandeep was a frequent

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