Current Affairs October 2022

Indus Waters Treaty: World Bank appoints chairman of Court of Arbitration

Indus Waters Treaty: World Bank appoints chairman of Court of Arbitration

Indus Waters Treaty: World Bank appoints chairman of Court of Arbitration – The World Bank has appointed neutral expert and chairman of the Court of Arbitration regarding the design features of the Kishenganga (330 megawatts) and Ratle (850 megawatts) hydroelectric power plants. October 2022 Current Affairs Quiz Reason: For disagreements and differences between India and Pakistan over the 1960 Indus Water […]

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REC, PFC sign with STPL to finance Buxar Thermal Power Plant

REC, PFC sign with STPL to finance Buxar Thermal Power Plant

REC, PFC sign with STPL to finance Buxar Thermal Power Plant : REC Limited and Power Finance Corporation Limited (PFC) have signed an MoU with SJVN Thermal Private Ltd (STPL). October 2022 Current Affairs Quiz Aim: To finance the 2×660 MW coal based Buxar Thermal Power Plant (BTPP). The total estimated project cost is ₹12,172.74 crores, with debt requirement of ₹8520.92 crores.

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IRDAI approved ‘Bima Sugam’ portal

IRDAI approved ‘Bima Sugam’ portal

IRDAI approved ‘Bima Sugam’ portal : Insurance Regulatory and Development Authority of India (Irdai) has recently approved the launch of Bima Sugam portal. It is an online marketplace, under which all insurance companies can sell life and non-life insurance on a single platform. October 2022 Current Affairs Quiz The portal will be operationalised from 1 January 2023. Aggregators like PolicyBazaar, brokers,

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IPPB, RBIH join hands for financial products and services

IPPB, RBIH join hands for financial products and services

IPPB, RBIH join hands for financial products and services : India Post Payments Bank (IPPB) and Reserve Bank Innovation Hub (RBIH) have joined hands to enhance the reach of financial solutions to large sections of society across India. October 2022 Current Affairs Quiz Under the arrangement, both will plan, design and execute innovative products to bridge the gap by bringing digitalised services at

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RBI approves Cygnet to operate as NBFC account aggregator

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

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Mahindra Finance partners India Post Payments Bank to enhance credit

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

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