Source: The post is based on the article “UPI QR Code-Central Bank Digital Currency interoperability: How does it work and how do customers benefit?” published in Indian Express on 6th September 2023 Contents1 What is the News?2 What is Interoperability?3 What is QR Code?4 What is UPI QR code-CBDC interoperability?5 How will this benefit customers… Continue reading UPI QR Code-Central Bank Digital Currency interoperability: How does it work and how do customers benefit?
Category: Factly – Indian Economy
This category contains all Current Affairs Factly Articles for Prelims, related to the Indian economy. You can find all relevant Economy updates on this page. This page is specifically useful for UPSC Prelims exam.
FM flags threats to financial system from crypto, tax havens
Source: The post is based on the article “FM flags threats to financial system from crypto, tax havens” published in The Hindu on 6th September 2023 What is the News? The Finance Minister has addressed the delegates at the Global Fintech Fest (GFF) 2023 being held in Mumbai. What are the key highlights from the… Continue reading FM flags threats to financial system from crypto, tax havens
As UPI crosses 10 billion transactions-mark, a look at India’s key foreign policy sell: Digital public infra
Source: The post is based on the article “As UPI crosses 10 billion transactions-mark, a look at India’s key foreign policy sell: Digital public infra” published in Indian Express on 4th September 2023 Contents1 What is the News?2 What is Digital public infrastructure(DPI)?3 What is India’s Digital public infrastructure (DPI)?4 How is India Stack part… Continue reading As UPI crosses 10 billion transactions-mark, a look at India’s key foreign policy sell: Digital public infra
Combined Index of Eight Core Industries increases by 8.0% (provisional) in July 2023 as compared to the Index of July 2022
Source: The post is based on the article “Combined Index of Eight Core Industries increases by 8.0% (provisional) in July 2023 as compared to the Index of July 2022” published in PIB 1st September 2023 What is the News? The combined Index of Eight Core Industries (ICI) has increased by 8.0% (provisional) in July 2023… Continue reading Combined Index of Eight Core Industries increases by 8.0% (provisional) in July 2023 as compared to the Index of July 2022
Pradhan Mantri Jan Dhan Yojana (PMJDY) – National Mission for Financial Inclusion, completes nine years of successful implementation
Source: The post is based on the article “Pradhan Mantri Jan Dhan Yojana (PMJDY) – National Mission for Financial Inclusion, completes nine years of successful implementation” published in PIB on 28th August 2023 Contents1 What is the News?2 What is Pradhan Mantri Jan Dhan Yojana(PMJDY)?3 What is the impact of PMJDY?4 What are the achievements… Continue reading Pradhan Mantri Jan Dhan Yojana (PMJDY) – National Mission for Financial Inclusion, completes nine years of successful implementation
Government imposes restrictions on export of Basmati rice
Source: The post is based on the article “Government imposes restrictions on export of Basmati rice” published in The Hindu on 28th August 2023 Contents1 What is the News?2 Why has the government imposed restrictions on export of Basmati rice?3 Why has India banned the export of non-basmati white rice?4 Why is India crucial to… Continue reading Government imposes restrictions on export of Basmati rice
Committee of Experts to ‘Onshoring the Indian Innovation to GIFT IFSC’
Source: The post is based on the article “Committee of Experts to ‘Onshoring the Indian Innovation to GIFT IFSC” published in PIB on 25th August 2023. What is the News? The Committee of Experts appointed by the International Financial Services Centres Authority (IFSCA) to explore ‘Onshoring the Indian Innovation to Gujarat International Finance Tec-city International… Continue reading Committee of Experts to ‘Onshoring the Indian Innovation to GIFT IFSC’
PLFS data elucidates a burgeoning trend of youth and individuals from varied age groups actively embracing the workforce
Source: The post is based on the article “PLFS data elucidates a burgeoning trend of youth and individuals from varied age groups actively embracing the workforce” published in PIB on 24th August 2023. What is the News? According to the Centre for Monitoring Indian Economy (CMIE), there has been a noticeable shift in India’s workforce… Continue reading PLFS data elucidates a burgeoning trend of youth and individuals from varied age groups actively embracing the workforce
Developers, financiers will have to take ‘haircuts’: Committee on stalled housing projects suggests
Source: The post is based on the article “Developers, financiers will have to take ‘haircuts’: Committee on stalled housing projects suggests” published in Indian Express on 22nd August 2023. Contents1 What is the News?2 About the committee to examine stalled Real Estate projects:3 What is the status of housing projects?4 What are the recommendations given… Continue reading Developers, financiers will have to take ‘haircuts’: Committee on stalled housing projects suggests
Price hike on some food items transitory, elevated inflation warrants greater vigil: FinMin
Source: The post is based on the article “Price hike on some food items transitory, elevated inflation warrants greater vigil: FinMin” published in Indian Express on 23rd August 2023. What is the News? The Finance Ministry has released its monthly economic review for July,2023. What are the key observations made by the Finance Ministry? Food… Continue reading Price hike on some food items transitory, elevated inflation warrants greater vigil: FinMin
