News:According to Reserve Bank of India data,India’s current account deficit (CAD) has narrowed to 0.9% of GDP($ 6.3 billion). Facts: The contraction in the current account deficit(CAD) was primarily on …
Read MoreNews:Union Finance Minister has launched an eBkray or eBक्रय which is a common e-auction platform. Facts: About the eBkray platform: The eBkray platform enables the online auction of the attached …
Read MoreNews:The Ministry of Statistics and Programme Implementation(MOSPI) has constituted a Standing Committee on Statistics(SCES). Facts: Background: The committee has been constituted after several economists had expressed concern over political interference …
Read MoreNews:The Reserve Bank of India(RBI) has directed large cooperative banks to report all aggregate exposures of Rs.5 crores and more to Central Repository of Information on Large Credits(CRILC). Facts: About …
Read MoreNews:The UK-based Centre for Economics and Business Research (CEBR) has released a report titled ‘World Economic League Table 2020’. Facts: About the report: The World Economic League Table is an …
Read MoreNews:The Reserve Bank of India has released its biannual Financial Stability Report,2019. Facts: About Financial Stability Report: The Financial Stability Report are bi-annual reports published by the Reserve Bank of …
Read MoreNews:Ministry of Heavy Industries and Public Enterprises is implementing the scheme for Enhancement of Competitiveness in the Indian Capital Goods Sector. Facts: About the scheme: Department of Heavy Industry in …
Read MoreNews:The GST Council has decided to set up a grievance redressal mechanism for taxpayers. Facts: About Grievance Redressal Committee(GRC): The Grievance Redressal Committee(GRC) at zonal and state levels will be …
Read MoreNews:Government has constituted a Committee of External Eminent Persons/Experts for time-bound resolution of disputes in Oil and gas sector. Facts: About the committee: The committee will consist of three members.It …
Read MoreNews:The International Monetary Fund (IMF) has released its consultations report on India. Facts: Key takeaways from the report: The report has said that India’s rapid economic expansion in recent years …
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