Foreign Direct Investment plays a major role in developing countries like India. The FDI into the country grew 19 per cent to USD 59.64 billion during 2020-21 on account of measures taken by the government on the fronts of policy reforms. Daily Current Affairs Quiz 2021 Total FDI, including equity, re-invested earnings and capital, rose […]
FDI increase 19% to USD 59.64 billion in 2020-21 Read More »
The season’s first consignment of Shahi Litchi from Bihar was exported to the United Kingdom by air route on 24 May, 2021, in a major boost to export of GI certified products. Daily Current Affairs Quiz 2021 The phyto-sanitary certification for exports of Shahi Litchi was issued from a newly established certification facility at Patna.
1st consignment of Shahi Litchi Exported from Bihar to UK Read More »
The Users of India’s largest cryptocurrency exchanges, WazirX and CoinDCX, had a tough time due to outages as Bitcoin plunged over 30%, wiping out over $500 billion in value from the coin’s peak market value. Daily Current Affairs Quiz 2021 In India, a combination of factors, including a scramble to exit and buy at dips
Indian crypto bourses see outage as Bitcoin cracks Read More »
A shipment of 1.2 metric tonnes of fresh jackfruit was exported from Tripura to London, in a major step towards harnessing exports potential of agricultural and processed food products from north-eastern region. Daily Current Affairs Quiz 2021 Jackfruit is a species of tree in the fig, mulberry, and breadfruit family (Moraceae). It is a multiple
Export of 1.2 MT of fresh jackfruit from Tripura to London Read More »
Bangladesh Planning Minister M.A. Mannan informed the country’s cabinet this week that the per capita income of Bangladesh has now increased from $2,064 to $2,227. Bangladesh’s per capita income is now $280 higher than India’s $1,947. Daily Current Affairs Quiz 2021 In 2007, the per capita income of Bangladesh was half of that of India
Indian promoters of insurance joint ventures with foreign partners will no longer be able to nominate a majority of the board members, as per the new rules notified under the Insurance Act. This follows the recent amendments to enhance the foreign direct investment (FDI) limit in the sector to 74% from 49%. Daily Current Affairs
Rules for insurance firms’ control tweaked after FDI ceiling raised to 74% Read More »
The Government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bonds. The Sovereign Gold Bonds will be issued in six tranches from May 2021 to September 2021. Daily Current Affairs Quiz 2021 The Bonds will be sold through Scheduled Commercial banks (except Small Finance Banks and Payment
The National Financial Reporting Authority (NFRA) has prepared a provisional database of companies and auditors that come under its regulatory ambit. Daily Current Affairs Quiz 2021 The National Financial Reporting Authority is a regulatory body set up under Section 132 of the Companies Act to oversee compliance with Accounting and Auditing Standards by companies that
NFRA prepares provisional database of companies, auditors Read More »
The Government of India and European Investment Bank signed the finance contract for second tranche of Euro 150 million for Pune Metro Rail project through a virtual signing ceremony. Daily Current Affairs Quiz 2021 EIB had approved the total loan of Euro 600 million to fund the Pune Metro Rail project. The Finance Contract for
The government has relaxed the provisions of the Income-tax Act in view of COVID-19. Now, all hospitals, nursing units, dispensaries and COVID care centers will be able to accept cash over two lakh rupees from the patients. Daily Current Affairs Quiz 2021 The Income-tax Act, 1961 is the charging statute of Income Tax in India.
