EXPORT OF BUFFALO MEAT Subject : Economy Context : Agricultural & Processed Food Products Export Development Authority (APEDA), Ministry of Commerce and Industry has said India is following guidelines of international organizations and adhering to quality, food safety and environment management systems regarding Buffalo meat. Concept : Top Indian buffalo meat importing countries […]
SOVEREIGN GOLD BONDS Subject: Economy Context: Recently, the Reserve Bank of India (RBI) has announced a plan to sell sovereign gold bonds (SGBs) in six phases. Concept: Sovereign Gold Bond Scheme It is to be issued by Reserve Bank of India on behalf of the Government of India. The Bonds will be denominated […]
INFRASTRUCTURE STATUS Subject : Economy Context : The Finance Ministry has granted ‘Infrastructure’ status for exhibition and convention centres, a move that is expected to ease bank financing for such projects. Concept : ‘Exhibition-cum-Convention Centre is included in the Harmonised Master List of Infrastructure sub-sectors by insertion of a new item in the […]
CRPTOCURRENCY Subject : Economy Context : The price of the famously volatile digital currency fell nearly 30% at one point after the China Banking Association warned member banks of the risks associated with digital currencies. The decline narrowed to below 10% in the afternoon, but Bitcoin had still lost about $70 billion in […]