Author: ForumIAS

WHO chief announces creation of foundation to tap new funding sources

News:World Health Organization(WHO) has announced the creation of the ‘WHO Foundation’. Facts: WHO Foundation: It is an independent grant-making entity that will support the WHO’s efforts to address the most pressing global health challenges and to deliver on the organization’s triple billion goals.  Contributions: It will be legally separate from WHO and will facilitate contributions… Continue reading WHO chief announces creation of foundation to tap new funding sources

22nd Meeting of the Financial Stability and Development Council (FSDC)

News:Union Minister for Finance has chaired the 22nd Meeting of the Financial Stability and Development Council(FSDC). Facts: Financial Stability and Development Council(FSDC): It is a non-statutory apex level body setup in 2010 on the recommendations of Raghuram Rajan committee(2008). Objectives: To strengthen and institutionalize the mechanism for maintaining financial stability, enhancing inter-regulatory coordination and promoting… Continue reading 22nd Meeting of the Financial Stability and Development Council (FSDC)

NPCI launches AI virtual assistant PAi

News: National Payment Corporation of India(NPCI) has launched an artificial intelligence(AI) based chatbot named PAi. Facts: Purpose: To create awareness and solve the queries around NPCI’s products like FASTag, RuPay, UPI, AePS on a real time basis which will in turn help in improving the digital financial inclusion in India. Additional Facts: NPCI: It is… Continue reading NPCI launches AI virtual assistant PAi

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