Economy Current Affairs

9th edition of Sustainable Mountain Development Summit

9th edition of Sustainable Mountain Development Summit

The ninth edition of the Sustainable Mountain Development Summit (SMDS) in Dehradun has begun. The theme for this year is Emerging Pathways for Building a Resilient Post COVID-19 Mountain Economy, Adaptation, Innovation and Acceleration. Daily Current Affairs Quiz 2020 Key-Points Organised by Indian Mountain Initiative (IMI), the four-day-long summit seeks to deliberate on issues such

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Phase-1 of Agra Metro rail project

Phase-1 of Agra Metro rail project

Prime Minister Modi has inaugurated the construction of Phase 1 of Agra Metro Rail Project (AMRP). The ceremony was held at 15 Battalion PAC parade ground in Agra. UP Governor Anandiben Patel and Chief Minister Yogi Adityanath also joined the programme. Daily Current Affairs Quiz 2020 Key-Points Uttar Pradesh Metro Rail Corporation has set a

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NBCFDC & NSFDC enters into MoA with Central Bank of India

NBCFDC & NSFDC enters into MoA with Central Bank of India

Implementation of Interest subvention Scheme of Ministry of Social Justice & Empowerment, Government of India –Vanchit Ikai Samooh aur Vargon ki Aarthik Sahayta (VISVAS) Yojana for financial empowerment of economically marginalized OBC/SC SHGs & Individuals got a major boost with signing of Memorandum of Agreements (MoAs) by National Backward Classes Finance & Development Corporation (NBCFDC)

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RBI issues draft Rupee interest rate derivatives

RBI tightens oversight of NBFCs, UCBs

The Reserve Bank of India (RBI) announced the introduction of risk-based internal audit norms for large urban cooperative banks (UCBs) and non-banking financial companies (NBFCs), as part of measures aimed at improving governance and assurance functions at supervised entities. Daily Current Affairs Quiz 2020 Key-Points The RBI also moved to harmonise the guidelines on appointment

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Honey marketed by prominent Indian brands failed a key test of purity

Honey marketed by prominent Indian brands failed a key test of purity

Honey marketed by prominent brands failed a key test of purity, the Centre for Science and Environment (CSE) has claimed, citing an investigation it conducted on various brands of Indian honey. Daily Current Affairs Quiz 2020 Key-Points Current regulations specify around 18 parameters that honey must comply with for producers to label it ‘pure honey’.

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Indian economy contracts by 7.5% in Q2

Indian economy contracts by 7.5% in Q2

India’s Gross Domestic Product (GDP) contracted 7.5% in the second quarter of 2020-21, following the record 23.9% decline recorded in the first quarter, as per estimates released by the National Statistical Office. Daily Current Affairs Quiz 2020 Key-Points The country has now entered a technical recession with two successive quarters of negative growth. Agriculture, which

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