Current Affairs - Finance
Exercise : Finance - Latest Current Affairs
- Finance - Latest Current Affairs
36.
Which company has CARD91 partnered with to enhance its Forex Card Issuance Platform?
Answer: Option
Explanation:
CARD91, a leading Issuance Platform-as-a-Service, has collaborated with Visa to revolutionize the Forex Card issuance experience. This strategic partnership streamlines the process for both issuers and cardholders, offering enhanced control, improved transaction visibility, and advanced fraud risk management tools. The alliance aims to simplify Forex card management for various travellers, including business, education, and leisure travellers. By leveraging Visa's global network and expertise, CARD91 can provide a more secure, efficient, and user-friendly experience for its customers, setting a new standard in Forex card issuance.
Date : 2024-10-03
37.
What initiative has SEBI launched to enhance foreign investors' experience in the Indian securities market?
Answer: Option
Explanation:
SEBI's FPI Outreach Cell is a dedicated initiative to facilitate seamless market access for foreign portfolio investors. Operating under the Alternative Investment Fund and Foreign Portfolio Investors Department, this cell provides assistance with documentation, compliance, and operational challenges. The primary goal is to simplify the registration process, making it easier for FPIs to participate in the Indian securities market. This move aims to boost foreign investment and promote a more investor-friendly environment in India.
Date : 2024-09-28
38.
What is the maximum amount for which SEBI mandates the use of UPI for debt security bids?
Answer: Option
Explanation:
SEBI has mandated that individual investors must use UPI to block funds when applying for public debt securities up to ₹5 lakh. This regulation, effective from November 1, 2024, requires investors to include a UPI ID linked to their bank account in their bid-cum-application form. The aim of this directive is to enhance investor protection and improve regulation within the securities market, ensuring a more secure transaction process for participants in public debt offerings.
Date : 2024-09-26
39.
Where did the Loss and Damage Fund board finalize key groundwork to enable aid disbursement to vulnerable nations starting in 2025?
Answer: Option
Explanation:
The Loss and Damage Fund board's groundwork in Baku marks a significant milestone in addressing climate-related disasters. With nearly $800 million pledged, COP29 seeks to convert commitments into tangible funding. This development supports nations affected by climate disasters, showcasing international cooperation in combating climate change. The fund's disbursement, set to begin in 2025, underscores the importance of global solidarity in mitigating the impacts of climate change.
Date : 2024-09-23
40.
What is the primary focus of the NPS Vatsalya Scheme, launching on September 18, 2024?
Answer: Option
Explanation:
The NPS Vatsalya Scheme, set to launch on September 18, 2024, allows parents to invest in their child's future with flexible contributions starting at Rs. 1,000 annually. Overseen by the Pension Fund Regulatory and Development Authority (PFRDA), the scheme is designed to build long-term wealth for children through the power of compounding. It provides a financial security net for children and is accessible to families from various economic backgrounds, ensuring their child's financial future is safeguarded.
Date : 2024-09-17
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