Current Affairs - Finance
Exercise : Finance - Latest Current Affairs
- Finance - Latest Current Affairs
206.
Who inaugurated the Global Fintech Fest 2023 and emphasized the transformative role of fintech in India's financial landscape?
Answer: Option
Explanation:
Smt. Nirmala Sitharaman inaugurated the Global Fintech Fest 2023 and highlighted the importance of fintech in India's financial landscape. The Global Fintech Fest (GFF) 2023 is the world's largest fintech conference, organized by the National Payments Corporation of India (NPCI), the Payments Council of India (PCI), and the Fintech Convergence Council (FCC). It was held from September 5-7, 2023 at the Jio Convention Centre in Mumbai, India.
Date : 2023-09-07
207.
REC Limited, a Maharatna Central Public Sector Enterprise, signed a Foreign Currency Term Loan Agreement for USD 100 Million with which financial institution?
Answer: Option
Explanation:
REC Limited, the Maharatna Central Public Sector Enterprise under the Ministry of Power, has signed a Foreign Currency Term Loan Agreement for USD 100 Million, with the Export-Import Bank of India (EXIM Bank). The loan agreement was signed by Mr Vivek Kumar Dewangan, IAS, Chairman and Managing Director, REC Limited and Dr. K. V. Kamath, Chairman, EXIM Bank on September 6, 2023, in Gurugram, Haryana.
Date : 2023-09-06
208.
The combined Asset Under Management (AUM) of NPS and APY has crossed which milestone?
Answer: Option
Explanation:
The combined Asset Under Management (AUM) of the National Pension System (NPS) and Atal Pension Yojana (APY) has crossed the milestone of 10 Lakh Crore. This remarkable feat signifies the rapid growth and increasing popularity of these pension schemes.
Date : 2023-09-05
209.
Why did Karnam Sekar resign from his position as Chairman of the National Asset Reconstruction Company of India (NARCL)?
Answer: Option
Explanation:
Karnam Sekar resigned from his position as Chairman of NARCL due to disagreements concerning the institution’s structure and operations. This resignation follows a proposal for merging NARCL with India Debt Resolution Company Ltd (IDRCL).
Date : 2023-09-05
210.
What is the record-high bank credit outstanding to real estate in India in July 2023?
Answer: Option
Explanation:
The Reserve Bank of India (RBI) data showed that bank credit outstanding to real estate in India reached an all-time high of Rs 28 trillion in July 2023. This was driven by both housing and commercial real estate segments, with annual increases of approximately 37.4% and 38.1%, respectively.
Date : 2023-09-05
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