CRIIIO 4 GOOD Initiative: The union Minister for Education and Skill Development & Entrepreneurship launched ‘CRIIIO 4 GOOD’. CRIIIO 4 GOOD Initiative is a new online life skills learning module. It consists of series of 8 cricket-based animation films to promote gender parity, equip girls with life skills and encourage their participation in sports. Using […]
Category: Economics Current Affairs
Economic Advisory Council To The Prime Minister
Economic Advisory Council To The Prime Minister: A member of the Economic Advisory Council to the Prime Minister recently said India will soon have the capability to issue 1,00,000 patents in a year Economic Advisory Council to the Prime Minister (EAC-PM) is an independent body constituted to give advice on economic and related issues to […]
What Are Social Bonds?
What Are Social Bonds? The National Bank for Agriculture and Rural Development (NABARD) recently issued its inaugural social bonds with a total size of Rs 1,040.50 crore Social bonds, also known as social impact bonds and abbreviated as SIB, are the type of bond where the bond issuer is gathering funds for a project that […]
Emerging Markets Bond Index
Emerging Markets Bond Index: JP Morgan Chase & Co has announced it will include Indian government bonds to its emerging markets bond index from June 2024. India’s local bonds will be included in the Government Bond Index-Emerging Markets (GBI-EM) index of the JP Morgan. It is expected to reach the maximum weight of 10 per […]
Basel-III Capital Framework : Reserve Bank Of India
Basel-III Capital Framework : Reserve Bank Of India The Reserve Bank of India (RBI) has introduced new norms based on the Basel III capital framework for All India Financial Institutions (AIFIs), which will take effect from April 2024. India has five AIFIs under RBI regulation: Export-Import Bank of India (EXIM Bank), National Bank for Agriculture […]
Bima Sugam
Bima Sugam: The Insurance Regulatory and Development Authority of India (IRDAI) is creating the ‘Bima Sugam’ online platform, which is described as a ‘game-changer’ and a ‘UPI moment’ for the insurance sector. It will serve as a one-stop destination for insurance-related needs, including policies, portability, agent changes, and claims. Buyers can directly purchase life, motor, […]
Nyukmadung Dairy
Nyukmadung Dairy: The Indian Council for Agricultural Research-National Research Centre on Yak has established a first-of-its-kind parlour for Yalk milk in Nyukmadung village, Arunachal Pradesh. Nyukmadung Dairy is located at the farm of the Indian Council for Agricultural Research-National Research Centre on Yak. The farm in the West Kameng district is about 25 km from […]
Kisan Rin Portal
Kisan Rin Portal: The Finance Minister and Agriculture Minister will inaugurate the ‘Kisan Rin Portal’ Kisan Rin Portal helps farmers avail of subsidised loans under the Kisan Credit Card (KCC). It was developed in collaboration with multiple government departments. It offers a comprehensive view of farmer data, loan disbursement specifics, interest subvention claims, and scheme […]
Bima Sugam Platform
Bima Sugam Platform: The Insurance Regulatory and Development Authority of India (IRDAI) has formed a steering committee, which will act as the apex decision-making body for the creation of its ambitious Bima Sugam platform. Bima Sugam platformwill enable individuals to buy life, health, motor or property insurance policies online. The platform will enable easy access […]
Serious Fraud Investigation Office
Serious Fraud Investigation Office: Serious Fraud Investigation Office (SFIO), arrested a Chartered Accountant in Hyderabad recently. Shri Nalin Prabhat Panchal, a Chartered Accountant by profession was arrested for failure to honour the summons issued in connection with the prosecution of Nityank Infrapower & Multiventures Private Limited. Serious Fraud Investigation Office (SFIO):- Ministry: Ministry of Corporate […]
