Sunday, 31 December 2023

BANKING & FINANCE ( ECONOMY) IN DECEMBER 2023

India's Gross Domestic Product (GDP) Has Increased 7.2% In July-September (Quarter 2) in 2023.

 India Government Collected 1,67,929 Lakhs Crores GST On November 2023.

* Maharashtra State Topped With Collected 25,585 Crores.

UPI Recorded 11.24 Billion Transaction In November 2023.

 Reserve Bank Of India (RBI) Kept Remains Same For This Quarter. 6.25% Repo Rate, 6.76% For Bank Rate 

Government Of India Has Banned Exports Of Onions Till March 2024.

 Reserve Bank Of India (RBI) Has Increased The UPI Transaction Limit From 1Lakh To 5Lakh For Payment To Educational Institution And Hospitals.

* The Transaction Limit Increased From RS 15000 To Rs 1 Lakh For Recurring Payments Like Credit Card Repayment, Mutual Fund Subscription, Insurance Premium Payment.

Union Cabinet Has Approved Extra Allocation Of 2500 Crores For The Continuation Of Pre & Post Shipment Rupee Export Credit Till 30th June 2024. 

Indian Foreign Exchange Reserves Rise $6.1 billion To $604 billion. 

 FIRST SWYP Credit Card Has Been Launched By IDFC First Bank.

Atal Pension Yojana (APY) Crossed 6 Crores Mark,With 79 Lakhs Enrollment In This Financial Year.

Center Has Approved The Financial Assistance Over 338 Crores Rupees To Gujarat, Where People Suffered Cyclone BIPARJOY.

India Overtake Hong Kong As 7th Largest Stock Exchange In The World.

Bank Of India Launched NARI SHAKTI SAVING Account.

 India's November Overall Merchandise And Services Has Registered A Growth Of 1.2%.

India Has Received A Record Of $125 Billion in Remittance In 2023. Report By World Bank 

(2nd Mexico With 67 Billion, 3rd China With 50 Billion) 

The Gross Collection Of Direct Taxes For The Financial Year 2023-24 Has Registered A Growth Of Over 17%.

 139 Lakhs Crores Transaction Has Been Registered Through UPI In India For Financial Year 2022-23.

Japanese Lender Sumitomo Mitsui Banking Corporation (SMBC) Has Given Loan Of 120 Million To Air INDIA To Purchase Wide Body Aircraft Airbus.

 INDIA Has Made Its First Ever Payment In Rupee For Crude Oil Purchase From UAE.

India's Current Account Balanced Recorded A Deficit Of  US & 8.3 Billion in 2nd Quarter Of 2023-24.

UPI Transactions Grows 118% in Rural And Semi Urban Regions In India. 

 Indian Government Has Extended The Free Import Policy Of URAD Dal And Tur Dal For One Year To March 31st 2025.

 Indusland Bank Has Launched eSvarna.



MOU SIGNED - 

 Reserve Bank Of India (RBI) And Bank Of ENGLAND Has Signed MoU On Cooperation And Exchange  of Information Related To Clearing Corporation Of India Limited.

* An MoU Has Signed Between Bajaj Finserv And Education And Skill Development Of Government Of India To Provide Students Academic Credibility.

Government Of India And ASIAN Development Bank (ADB) Has Signed 37 Billion Japanese Yen Loan For Delhi Meerut Regional Rapid Transit System (RRTS) Corridor.

 ONDC And Meta Signed A Agreement To Help Small Business By Educating Them Through WhatsApp.


HOST - 

Union Minister Piyush Goyal Addressed The 3rd Edition Of India Debt Capital Market Summit 2023.


APPOINTMENTS - 

Jitesh John Has Been Appointed As The New Executive Director Of Insolvency And Bankruptcy Board Of India (IBBI).

SEBI Approves Pramod Agarwal Appointment As BSE Chairman 

C S Rajan Has Been Appointed As The Chairman Of Kotak Mahindra Bank.


AWARD - 

 Employee's State Insurance Corporation (ESIC) Has Bagged The International Social Security Association Vision Zero-2023 Award At 23rd World Congress On Safety And Health At Work, Held At Sydney, Australia.

Nita Ambani, Chairperson Of Reliance Foundation Has Awarded At CII Scorecard Event 2023.

 BCCI Secretary Jay Shah Won The Sports Business Leader 2023 Of The Year Award.

 NABARD Bank Has Won The  The Game Changers In AAROHAN 2023 ( In The Category Of Project Presentation).

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LIST OF INDIAN STATES AND CAPITALS FOR ODISHA POLICE EXAM 2024

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