सामयिक विषय: Miscellaneous

Co-operative Banks not authorized for Pradhan Mantri Garib Kalyan scheme Deposit

Co-operative Banks not authorized for Pradhan Mantri Garib Kalyan scheme Deposit

Question: Pradhan Mantri Garib Kalyan Deposit Scheme, 2016 was started on …
(a) 16 December, 2016.
(b) 8 November, 2016
(c) 20 November, 2016
(d) 21 November, 2016
Ans: (a)
Related facts:

  • On 20th January, 2017, The Government clarified that Co-operative Banks are not authorised banks to accept deposits under Pradhan Mantri Garib Kalyan Deposit Scheme, 2016. Para 7 (1) of the notification stands amended as under:
    7. Authorised banks.—(1) Application for the deposit in the form of Bonds Ledger Account shall be received by any banking company, other than Co-operative Banks, to which the Banking Regulation Act, 1949 (10 of 1949) applies.”
  • The Government of India, in consultation with the Reserve Bank of India, had notified Pradhan Mantri Garib Kalyan Deposit Scheme, 2016 dated December 16, 2016.
  • The deposit under this Scheme shall be made by any person who declared undisclosed income under Pradhan Mantri Garib Kalyan Yojana, 2016.
  • The deposit sum, which shall not be less than twenty-five per cent of the declared undisclosed income, can be deposited at the authorized banks (as notified by Government of India) from December 17, 2016 (Saturday) to March 31, 2017 (Friday).

Reference:
http://pib.nic.in/newsite/PrintRelease.aspx
https://rbi.org.in/Scripts/NotificationUser.aspx?Id=10782&Mode=0

Centre gives nod to set up mega food park in Mandsaur

Mega food park in Madhya Pradesh

Question: Recently Union government has accorded approval to establish a mega Food Park in which of the following districts of Madhya Pradesh?
(a) Satna
(b) Gwalior
(c) Mandsaur
(d) Shivpuri
Ans: (c)
Related facts:

  • On 9 January 2017; Union government has accorded approval to establish a mega food park in Daloda tehsil of Madhya Pradesh’s Mandsaur district.
  • The work to set up the mega food park will be carried out by Chetak Enterprises Company Limited.
  • Around Rs 500 crore will be invested in the food park.
  • Several big companies like Dabur, Zandu Pharmaceuticals and Patanjali are likely to be linked to this project.
  • Besides traditional crops, various horticulture products, spices and medicinal crops are cultivated on a large scale in Mandsaur district.
  • Also, the floriculture is being undertaken here on a large scale.
  • The entire region will become industrially developed and employment opportunities will be generated after the establishment of the mega food park.

Reference:
http://indiatoday.intoday.in/story/centre-gives-nod-to-set-up-mega-food-park-in-mandsaur/1/852867.html
http://retail.economictimes.indiatimes.com/news/food-entertainment/food-services/centre-gives-nod-to-set-up-mega-food-park-in-mandsaur/56421690

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