India’s Forex Reserves : Update India’s forex kitty jumps by USD 816 mln to USD 653.71 bln India’s forex reserves witnessed an increase of USD 816 million, reaching USD 653.711 billion for the week ending June 21, according to the Reserve Bank of India (RBI). Components of Forex Reserves: Foreign Currency Assets (FCA): it is […]
Tag: 1st Jul 2024
Mutual Evaluation Report Of India
Mutual Evaluation Report Of India: The Mutual Evaluation Report of India, adopted at the FATF plenary in Singapore from June 26 to 28, places India in the “regular follow-up” category, a status shared by only four other G-20 countries. This distinction highlights India’s significant progress in combating money laundering (ML) and terrorist financing (TF). Financial […]
International North-South Transport Corridor (INSTC)
International North-South Transport Corridor (INSTC): Russia has sent two trains carrying coal to India through the International North-South Transport Corridor (INSTC) for the first time. The consignment will travel over 7,200km from St. Petersburg, Russia to Mumbai port via Bandar Abbas port of Iran. International North-South Transport Corridor (INSTC) is a 7,200-kilometer Multimode Transit Route […]
Joint Sitting Of Parliament And Leader Of House
Joint Sitting Of Parliament And Leader Of House: The President of India recently addressed the joint sitting of both houses of Parliament. It was the first time he addressed the newly elected 18th Loksabha. A joint sitting involves both houses of Parliament (Lok Sabha and Rajya Sabha) meeting together. There are two main types of […]
National Statistics Day 2024 : Theme
National Statistics Day 2024: Theme National Statistics Day is celebrated in India on June 29 every year. National Statistics Day is celebrated in recognition of the notable contributions made by Professor (late) Prasanta Chandra Mahalanobis in the fields of statistics and economic planning. The main objective of celebrating Statistics Day is the creation of public […]
Interest Equalisation Scheme
Interest Equalisation Scheme: The Department of Commerce has extended the Interest Equalisation Scheme for pre- and post-shipment rupee export credit for Micro, Small and Medium-scale (MSME) exporters till August 31. Interest Equalisation Scheme was first implemented on 1st April 2015, to provide pre- and post-shipment export credit to exporters in rupees. It was initially valid […]
National Quality Assurance Standards (NQAS) Assessment
National Quality Assurance Standards (NQAS) Assessment: The Union Ministry of Health and Family Welfare launched the National Quality Assurance Standards (NQAS) assessment, Dashboard for IPHS and Spot Food Licence Initiative to provide “Healthcare for All” and promote wellness. National Quality Assurance Standards (NQAS) assessment has been launched for Ayushman Arogya Mandirs (AAM) and Integrated Public […]
Artificial Intelligence Preparedness Index
Artificial Intelligence Preparedness Index: The International Monetary Fund (IMF) released an Artificial Intelligence Preparedness Index (AIPI) Dashboard. Artificial Intelligence Preparedness Index (AIPI) assesses the level of AI preparedness across 174 countries. The rating for each country is given based on the assessment of readiness in four key areas – digital infrastructure, human capital and labour […]
RIMPAC Exercise
RIMPAC Exercise: Indian multi-role stealth frigate INS Shivalik, mission deployed in the South China Sea and North Pacific Ocean, has reached Pearl Harbour in Hawaii to take part in the Rim of the Pacific (RIMPAC) exercise. Rim of the Pacific (RIMPAC) Exercise is the world’s largest international maritime exercise, being held in Hawaii. It is […]
Shyok River : Five soldiers died
Shyok River: Five soldiers died Five soldiers died after a tank was swept away by strong water currents in the Shyok River during military training in Ladakh recently. Shyok River is a river that flows through northern Ladakh in Jammu and Kashmir, India and enters the Pakistan-administered region of Gilgit-Baltistan, where it joins the Indus […]
