India Young Professionals Scheme 2024

Source- This post on the India Young Professionals Scheme 2024 has been created based on the article “UK announces second ballot for India Young Professional Scheme 2024”  published in “Economic Times” on 17 July 2024. Why in the news? The UK Home Office has detailed the second and final ballot of 2024 for the India… Continue reading India Young Professionals Scheme 2024

Biligiri Rangaswamy Temple (BRT) Tiger Reserve

Source- This post on the Biligiri Rangaswamy Temple (BRT) Tiger Reserve has been created based on the article “BR Hills-bound vehicles to pay token green tax” published in “Economic Times” on 10 July 2024. Why in the news? The Karnataka Forest Department has recently started collecting a green tax from vehicles entering BR Hills through… Continue reading Biligiri Rangaswamy Temple (BRT) Tiger Reserve

Money Mule

Source-This post on Money Mule has been created based on the article “Banks scanning proprietor A/Cs to spot ‘money mules” published in “Economic Times” on 5 July 2024. Why in the news? Recently, many major banks have stopped or slowed down the process of opening sole proprietorship and individual current accounts for firms that are less… Continue reading Money Mule

Pig Butchering Scam

Source-This post on Pig Butchering Scams is based on the article “Pig-butchering stock market get rich quick scam: Telegram, Instagram, WhatsApp used to steal lakhs from investors; tactics used, how to stay safe” published in “Economic times” on 22nd May 2024. Why in the News? Pig Butchering Scams are on the rise globally including in… Continue reading Pig Butchering Scam

Bond buyback

Source-This post on Bond buyback has been created based on the article “RBI announces reduction in the quantum of the government’s treasury bill sales” published in “The Economic times” on 20 May 2024. Why in News? The Reserve Bank of India (RBI) has addressed the tight liquidity in the banking system by significantly lowering the government’s… Continue reading Bond buyback

Nifty Non-Cyclical Consumer Index Fund

Source-This post on Nifty Non-Cyclical Consumer Index Fund is based on the article “Groww Mutual Fund launches Nifty Non-Cyclical Consumer Index Fund” published in “The Economic Times” on 7th May 2024. Why in the News? Groww Mutual Fund has recently introduced India’s First Nifty Non-Cyclical Consumer Index Fund. About Nifty Non-Cyclical Consumer Index Fund Aspects… Continue reading Nifty Non-Cyclical Consumer Index Fund

Special Rupee Vostro Account (SRVA)

Source– This post on Special Rupee Vostro Account (SRVA)  is based on the article “Payment mechanism for traders importing pulses from Myanmar simplified: Govt”published in “Economic times” on 16th April 2024. Why in the News? India has simplified the payment mechanism for traders importing pulses from Myanmar by facilitating them to use the Rupee/Kyat direct payment… Continue reading Special Rupee Vostro Account (SRVA)

World Cybercrime Index

Source- This post on the World Cybercrime Index has been created based on the article “India ranks number 10 in cybercrime, study finds” published in “Economic Times” on 11 April 2024. Why in the news? Recently, an international team of researchers has compiled the ‘World Cybercrime Index’. About World Cybercrime Index 1. The ‘World Cybercrime… Continue reading World Cybercrime Index

National Electronic Funds Transfer (NEFT) 

Source-This post on National Electronic Funds Transfer (NEFT) is based on the article “NEFT records 4.1 cr transactions on Feb 29, highest single-day volume” published in “Economic Times” on 1st March 2024. Why in the News? National Electronic Funds Transfer (NEFT) reported its highest-ever daily number of transactions at 4.10 crore on February 29, 2024. About… Continue reading National Electronic Funds Transfer (NEFT) 

National Credit Framework (NCrF)

Source– This post on National Credit Framework (NCrF) is based on the article “All you need to know about the National Credit Framework” published in “The Economic Times” on 11th January 2024. Why in the News? This article discusses the National Credit Framework (NCrF) system, which aligns education and skills training. It enables students to… Continue reading National Credit Framework (NCrF)

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