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Category: Economics

Current Affairs Economic News

Launching of a Global level Hackathon – ‘NPCI PayAuth Challenge’

February 15, 2021February 15, 2021 Shashank Raj Gupta
Launching of a Global level Hackathon - 'NPCI PayAuth Challenge'

Question : National Payments Corporation of India has recently (February 2021) announced the launch of a Global level Hackathon – ‘NPCI PayAuth Challenge’. A hackathon is an event, usually hosted by —(a) a tech company […]

EconomicsEconomics

Partnership between AGS Transact & Mastercard

February 15, 2021February 15, 2021 Shashank Raj Gupta
Partnership between AGS Transact & Mastercard

Question: AGS Transact Technologies (AGSTTL) has recently (February, 2021) partnered with Mastercard to provide apan-India‘contactless’QRcode-based cash withdrawal at ATMs. QRcode is a type of matrix barcode first designed in 1994 for the automotive industry in—-(a)Germany(b)France(c)USA(d)JapanAnswer- […]

EconomicsEconomics

Constitution of an Expert Committee on Primary (Urban) Co-operative Banks

February 13, 2021February 13, 2021 Shashank Raj Gupta
Constitution of an Expert Committee on Primary (Urban) Co-operative Banks

Question : On which date RBI has constituted an expert committee on Primary(Urban) Co-operative Banks ?(A) Feb 05, 2021(B) Feb 01, 2021(C) Jan 25, 2021(D) Jan 31, 2021Ans.(A)Related facts RBI has constituted an expert committee […]

EconomicsEconomics

Goa complete Urban Local Bodies (ULB) reforms

February 13, 2021February 13, 2021 Shashank Raj Gupta
Goa complete Urban Local Bodies (ULB) reforms

Question: Which state has become the 6th state to complete urban local body reform?a) Goab) MPc) Rajasthand) TelanganaAns: aContext Goa has become the 6th State in the country to successfully undertake Urban Local Bodies (ULB) […]

EconomicsEconomics

SAKSHAM (SHRAMIK SHAKTI MANCH)

February 12, 2021February 12, 2021 Shashank Raj Gupta
SAKSHAM (SHRAMIK SHAKTI MANCH)

Question: Who has launched SAKSHAM portal?a) MHRDb) ESICc) TIFACd) None of the aboveAns: c)Context Technology Information, Forecasting and Assessment Council (TIFAC) has launched SAKSHAM (Shramik Shakti Manch). Facts It is a dynamic job portal for […]

EconomicsEconomics

Exim Bank to provide $400 Million for Maldives project

February 12, 2021February 12, 2021 Shashank Raj Gupta
Exim Bank to provide $400 Million for Maldives project

Question: Export-Import Bank of India (Exim Bank) will provide USD 400 million to Maldives project. For which project this loan will be provided to Maldives?a) Greater Male Connectivity Projectb) Maldives Coastal Development Projectc) Air Force […]

EconomicsEconomics

Karnataka Digital Economy Mission office inaugurated

February 12, 2021February 12, 2021 Shashank Raj Gupta
Karnataka Digital Economy Mission office inaugurated

Question: The Karnataka government recently inaugurated Digital Economy Mission office. Up to what percent the state wants increasing digital economy’s contribution in the state economy?a) 20%b) 12%c) 30%d) 15%Answer: (c)Related Facts:- On 09 February, 2021; […]

Economics, UncategorizedEconomics

Appointment of external firm to auditing HDFC Bank’s IT infrastructure

February 11, 2021February 11, 2021 Shashank Raj Gupta
Appointment of external firm to auditing HDFC Bank’s IT infrastructure

Question : HDFC Bank on February 2, 2021 announced that RBI has appointed an external IT firm for carrying out a special audit of its IT infrastructure. What is the backdrop of this action ?(A) […]

EconomicsEconomics

Govt has decided to shut 2 pharma PSUs

February 10, 2021February 10, 2021 Shashank Raj Gupta

Question: Consider the following statements:-i) Indian Drugs & Pharmaceuticals Ltd (IDPL) and Rajasthan Drugs & Pharmaceuticals Ltd (RDPL) will be closed .ii) The Department of Pharmaceuticals has five public sector undertakings (PSUs).iii) Hindustan Antibiotics Ltd […]

EconomicsEconomics

India to overtake EU as world’s 3rd largest energy consumer by 2030: IEA

February 10, 2021February 10, 2021 Shashank Raj Gupta
India to overtake EU as world’s 3rd largest energy consumer by

Question: Who has released India Energy Outlook 2021?a) NEERIb) TERIc) IEAd) none of the aboveAns: c)Context International Energy Agency (IEA) has released a report recently titled India Energy Outlook 2021. Facts As per the report […]

EconomicsEconomics

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