What is the News? The Prime Minister has launched two innovative customer centric initiatives of the Reserve Bank of India. Which two customer centric initiatives of the RBI have been launched? RBI Retail Direct Scheme Aim: To enhance access to the government securities market for retail investors. Under the scheme, retail investors will be able… Continue reading PM to launch two innovative customer centric initiatives of RBI
Author: Abdul
Poll commission plans to map migrant population for remote voting
What is the News? The Election Commission has planned to start mapping the population of migrant workers across the country to prepare a roadmap for the introduction of remote voting. What is Remote Voting? Remote voting refers to a mechanism that allows electors to vote from locations other than polling stations assigned to their registered… Continue reading Poll commission plans to map migrant population for remote voting
India Launches E-Amrit Portal on EVs at COP26
What is the News? On Transport Day at COP26, India, represented by NITI Aayog participated in the fourth ministerial dialogue of the Zero-Emission Vehicle Transition Council(ZEVTC). Moreover, the Government of India also launched the E-Amrit portal on this occasion. What is the Zero-Emission Vehicles Transition Council(ZEVTC)? ZEVTC was formed in November 2020. It is a global… Continue reading India Launches E-Amrit Portal on EVs at COP26
COP26: US joins India-led global solar alliance
What is the News? The United States of America(USA) has joined the International Solar Alliance (ISA) as a member country. What is the significance of the US joining ISA? The US has become the 101st member to join the International Solar Alliance (ISA). This will motivate many other countries to join. It will also ensure… Continue reading COP26: US joins India-led global solar alliance
Natural wealth of the nations
What is the News? The World Bank has released a report titled ‘The Changing Wealth of Nations 2021’. The report is a periodic evaluation of wealth generation and distribution beyond the traditional GDP [gross domestic product] matrix and includes natural resources as part of a country’s wealth. What are the key findings of the report?… Continue reading Natural wealth of the nations
RBI to hold its first-ever hackathon, HARBINGER 2021, on payments system
What is the News? Reserve Bank of India(RBI) will be organising its first global hackathon titled “HARBINGER 2021–Innovation for Transformation”. What is the purpose of the HARBINGER 2021 Hackathon? HARBINGER 2021 aims to invite participants that can identify and develop solutions which can make: digital payments accessible to the under-served enhance the ease of payments… Continue reading RBI to hold its first-ever hackathon, HARBINGER 2021, on payments system
New online certification system puts exporters in a fix
What is the News? The Ministry of Commerce had launched an online portal to issue Certificate of Origin(CoO) to the exporters from November 1,2021. The portal was launched to facilitate exporters through a secure, electronic, paperless CoO issuance process. However, exporters are facing challenges in registering on to the portal as it requires high-quality digital… Continue reading New online certification system puts exporters in a fix
Cabinet okays declaration of Birsa Munda’s birth anniversary on Nov 15 as Janjatiya Gaurav Divas
What is the News? The Union Cabinet chaired by the Prime Minister has approved the declaration of 15th November as Janjatiya Gaurav Divas. What is Janjatiya Gaurav Divas? Janjatiya Gaurav Divas is dedicated to remember the contributions of tribal freedom fighters for the country. This day will now be celebrated every year. It would recognize… Continue reading Cabinet okays declaration of Birsa Munda’s birth anniversary on Nov 15 as Janjatiya Gaurav Divas
Union Cabinet brings back MPLAD Scheme
What is the News? The Union Cabinet has approved the restoration and continuation of the Member of Parliament Local Area Development Scheme (MPLADS) during the remaining part of Financial Year 2021-22 and up to Financial Year, 2025-26, co-terminus with the period of 15th Finance Commission. What is the MPLADS Scheme? MPLADS is a Central Sector… Continue reading Union Cabinet brings back MPLAD Scheme
India to work towards zero-emission cars by 2040
What is the News? India has joined over 30 other countries in signing the Glasgow Declaration on Zero Emission Cars and Vans. What is the Glasgow Declaration on Zero Emission Cars and Vans? The declaration promises to work towards ensuring that only zero-emission cars and vans are sold by the year 2040. However, this timeline… Continue reading India to work towards zero-emission cars by 2040
