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RBI proposes expected loss-based approach for provisioning by banks

RBI proposes expected loss-based approach for provisioning by banks: The Reserve Bank of India (RBI) has proposed a framework for the adoption of an ‘expected loss-based approach for provisioning by banks. Presently, banks in India are required to make loan loss provisions based on an ‘incurred loss’ approach, which used to be the standard globally till recently. Aim: To […]

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Viktor Axelsen wins men’s singles Malaysia Open title 2023

Viktor Axelsen wins men’s singles Malaysia Open title 2023 : Denmark badminton player, Viktor Axelsen won the men’s singles Malaysia Open title 2023, after defeating Kodai Naraoka from Japan. It was Axelsen’s ninth consecutive final in BWF Super 1000 level tournaments, a new record, and his eighth title in the top tier level series. The Dane was

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B-20 inception meeting to be organised in Gandhinagar, Gujarat

B-20 inception meeting to be organised in Gandhinagar, Gujarat : As part of G-20 presidency, a Business-20 (B-20) inception meeting will be organized at Gandhinagar in Gujarat from 22- 24 January 2023.The meeting will be held to formulate policy recommendations to be submitted to G-20 ahead of the leaders’ Summit. This will be the first of 15 events

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Former BSF chief Pankaj Kumar Singh appointed as Deputy NSA

Former BSF chief Pankaj Kumar Singh appointed as Deputy NSA: Former Director General of the Border Security Force (BSF), Pankaj Kumar Singh was appointed as the Deputy National Security Adviser (NSA) in National Security Council Secretariat for two years. After assuming the new role, Singh will assist NSA Ajit Doval in the creation, implementation and improvisation of India’s national security strategies,

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Writer K Venu received Federal Bank Literary Award 2023

Federal Bank Literary Award 2022: Federal Bank Literary Award 2022 was given to renowned author K Venu for his autobiography, “Oranweshananthinte Katha.” Venu received the award from Balagopal Chandrasekhar, Chairman and Independent Director of Federal Bank, at a special event held as part of the Kerala Literature Festival. January 2023 Current Affairs Quiz ‘Oranweshananthinte Katha’

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Leading Scientist A.D. Damodaran passes away

Leading Scientist A.D. Damodaran passes away: Leading researcher AD Damodaran, 87, died in Thiruvananthapuram. He was the previous head of the CSIR-National Institute for Interdisciplinary Science and Technology (NIIST). He also served as the Chairman of the Kerala State Council for Science, Technology and Environment. January 2023 Current Affairs Quiz A renowned material scientist, he

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A Book Come! Let’s Run Authored by Tamil Nadu Health Minister Released

A Book Come! Let’s Run Authored by Tamil Nadu Health Minister Released: Tamil Nadu Health and Family Welfare Minister Ma’s book, “Come! Let’s Run,” is available in English. Subramanian was released by Krishnamachari Srikkanth, former Captain of the Indian Cricket team. The Tamil version of the same book titled ‘Odalam Vanga’ was released on March

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NCERT Launched India’s First National Assessment Regulator “PARAKH”

NCERT Launched India’s First National Assessment Regulator “PARAKH”: The National Council for Education Research and Training (NCERT) has released India’s first national assessment regulator, PARAKH, which will work on setting norms, standards, and guidelines for student assessment and evaluation for all recognized school boards in the country. January 2023 Current Affairs Quiz To assist eliminate

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Padho Pardesh scheme discontinued by Ministry of Minority Affairs

Padho Pardesh scheme discontinued by Ministry of Minority Affairs: The Ministry of Minority Affairs (MoMA) has discontinued the scheme of interest subsidy on education loans for overseas studies for students belonging to minority communities (Padho Pardesh). The Indian Banks’ Association informed all banks last month that the Padho Pardesh Interest Subsidy Scheme would not be

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‘Naanera’ bagged ‘Golden Kailasha’ Award in Ajanta-Ellora Film Festival

‘Naanera’ bagged ‘Golden Kailasha’ Award in Ajanta-Ellora Film Festival: The Deepankar Prakash-directed Rajasthani film Naanera won the Golden Kailasha award for best film at the Ajanta-Ellora Film Festival. Naanera (Grandfather’s House) revolves around Manish (Main Character). Manish’s uncle begins making decisions by himself after his father’s passing. The character’s journey leads him to a questionable

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