In this article, we have mentioned India's rank in various indexes in 2019-2020. These rankings are important examination topic for the candidates preparing for UPSC, SSC, RRB, Bank PO/Clerk or any other government and competitive examinations.
The Internal Working Group (IWG) of the RBI has suggested the guarded entry of corporate houses into the banking space, hike in promoters’ stake, conversion of NBFCs into banks and Payments Banks into SFB amongst others.
Ministry of Finance is one of the most important ministries within the Government of India and is headed by the Finance Minister. Nirmala Sitharaman is the current Finance Minister of India. She took charge on 31 May 2019. Let us have a look at the list of Finance Ministers of India from 1947 to present.
List of Modi Government Schemes: The Modi government has started many welfare schemes which include; Beti Bachao-Beti Padhao, Swachchh Bharat Mission, PM Mudra Yojna, Atal Pension Yojna, Smart city scheme, and Make in India etc. Read this article to know the list of important welfare schemes started by Narendra Modi.
The first five-year plan in India was launched in 1951 and since then, India had launched twelve Five Year Plans. The present NDA government has dissolved the Planning Commission and has replaced it with the NITI Aayog. Let us have a look at the Five Year Plans the country has witnessed so far.
According to the World Gold Council, Indian household has around between 24,000 to 25,000 tonnes of gold. India's central bank RBI had purchased 40.45 tonnes of gold in the financial year 2019-20, which has now has a total reserve of 653 tonnes. Let us know in this article, why is the price of gold increasing in the country despite the huge storage of the Gold in India?
The Ministry of Skill Development and Entrepreneurship has introduced Artificial Intelligence based 'ASEEM' digital platform to bridge the gap between the demand-supply of skilled employees in various fields. The purpose of this portal is to provide employment opportunities to the skilled and non-skilled people who have returned to villages and India due to corona disease.
The Consumer Protection Act, 2019 replaced the old Consumer Protection Act, 1986. The new bill was passed by the president on Aug 06, 2019. Here we are explaining the key features of this Consumer Protection Act, 2019.
Form 26AS is your annual tax statement. You can find it from the website of the income tax department with the help of your PAN number. Form 26AS contains information about the tax you paid to the government. This form will reflect details of all high-value transactions made by the taxpayers.
Reliance Jio the digital platform has sold around 32.94% stake to 13 different investors to get rid of the debt of the company by March 2021. Facebook is the biggest investor that has purchased a 10% stake in the Jio Platform.
In 2020, the excise duty has increased at least 10 times since 2014. The excise duty on diesel is now Rs 31.83 and on petrol Rs 32.98 in 2020. Worth to mention that tax on petrol was Rs 9.48 per litre and on diesel, it was Rs3.56 a litre when the Modi government took office in 2014.
The Banking Regulation Act, 1949 is a law that regulates banking firms in India. This act has been amended by the Banking Regulation (Amendment) Bill, 2020. Read this article to know that what are the salient features of the Banking Regulation Act 2020.
In the FY 2019-20 Indian export to China stands at $16.6 billion. India exports organic chemical, mineral fuels, cotton, ores, plastic items, nuclear machinery, fish, salts, electrical machinery and iron and steel to China. Worth to mention that 5.1% of India’s total export went to China in FY 2019.
China is the source of around 14% of total Indian imports. Indian import from China includes; electrical machinery, cell phones, heavy machinery, telecom, power, plastic toys and critical pharma ingredients, furniture, pharma, fertiliser, food, and textiles, etc. India has imported goods worth $62.4 billion from China during April 2019-February 2020 period.