Indian Economy-Current Affairs-17 September 2019

Read the Latest Current Affairs related to the Indian Economy. Important for all competitive exams – SSC, UPSC, and Banking. Topic Indian Economy is very Important for UPSC aspirants. The following are the current affairs related to the Indian Economy. 1. GOVERNMENT RELAXES LICENSING RULES FOR MANUFACTURERS As part of its effort to remove the license raj and ensure ease of doing business, the Government has relaxed licensing rules for manufacturers. About:  Eventually, the Commerce Ministry said that no compulsory license required for manufacturers of goods, barring four segments namely:Cigars…

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Bank Merger-Economy-31 August 2019

Read the latest Current Affairs about Bank Merger. Important for all Competitive exams- UPSC, SSC, and Banking. Bank Merger is a very important topic for UPSC aspirants. 1.Bank Merger Government of India has announced the merger of 10 public sector banks (PSBs) into 4 banks. About: Under the scheme of amalgamation,Indian Bank will be merged with Allahabad Bank (anchor bank – Indian Bank);PNB, OBC and United Bank to be merged (PNB will be the anchor bank);Union Bank of India, Andhra Bank and Corporation Bank to be merged (anchor bank -…

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Economy Of India-Current Affairs-28 August 2019

Read the Current Affairs related to the Economy Of India for all competitive exams – UPSC, SSC, and Banking. Economy Of India is a very important topic for UPSC aspirants. 1.BIMAL JALAN COMMITTEE ( Economy Of India ) RBI has decided to transfer a sum of ₹1.7 Lakh crore to the Government of India – comprising of ₹1.2 Lakh crore of surplus for the year 2018-19 and ₹52,637 crore of excess provisions identified as per the revised Economic Capital Framework (ECF) adopted – to address the fiscal situation of the…

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