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May 2018 Banking GK 10 Notes

Banking GK notes for May 2020.
 
1. World Bank approves USD 1 bn aid to India to accelerate COVID-19 social protection response programme

2. Atmanirbhar Bharat Abhiyan economic package of Rs. 20 lakh crore which is 10 percent of GDP of the country has been announced. 

3. The Reserve Bank of India has extended the interest subsidy scheme for exporters till 31 March 2021. 
 
4. Private sector Federal Bank and MoneyGram Payment System have joined hands to provide a facility for direct bank deposits to the customers. 
 
5. The Indian government has raised its market borrowing limit for 2020-21 to Rs 12 lakh crore. 
 
6. Nomura has decreased its GDP forecast for India to a negative 5 percent (from -0.5 percent forecast earlier) for 2020. However, it has increased its forecast for 2021 for the country to 7.9 percent from 7.3 percent earlier
 
7. Union Finance Minister NirmalaSitharaman launched the Rupee Derivatives (INR-USD) for two exchanges NSE IFSC and BSE-India INX through video conferencing.
 
8. State Bank of India (SBI) cuts its Marginal Cost of Funds based Lending Rate (MCLR) by 15 basis points (bps) across all tenors.
 
9. Rs 1 Lakh Cr Agri Infrastructure fund to be set up for farm gate; Rs 20,000 Cr allocated for the launch of Pradhan Mantri Matsya Sampada Yojana. 
 
10. Tribal Cooperative Marketing Development Federation of India, TRIFED under Ministry of Tribal Affairs and Art Of Living, AOL Foundation have signed a Memorandum of Understanding to collaborate in programmes of each organisation for promoting Tribal Enterprises.

मई 2018 बैंकिंग जीके नोट्स

Banking GK notes for May 2020.
 
1. World Bank approves USD 1 bn aid to India to accelerate COVID-19 social protection response programme

2. Atmanirbhar Bharat Abhiyan economic package of Rs. 20 lakh crore which is 10 percent of GDP of the country has been announced. 

3. The Reserve Bank of India has extended the interest subsidy scheme for exporters till 31 March 2021. 
 
4. Private sector Federal Bank and MoneyGram Payment System have joined hands to provide a facility for direct bank deposits to the customers. 
 
5. The Indian government has raised its market borrowing limit for 2020-21 to Rs 12 lakh crore. 
 
6. Nomura has decreased its GDP forecast for India to a negative 5 percent (from -0.5 percent forecast earlier) for 2020. However, it has increased its forecast for 2021 for the country to 7.9 percent from 7.3 percent earlier
 
7. Union Finance Minister NirmalaSitharaman launched the Rupee Derivatives (INR-USD) for two exchanges NSE IFSC and BSE-India INX through video conferencing.
 
8. State Bank of India (SBI) cuts its Marginal Cost of Funds based Lending Rate (MCLR) by 15 basis points (bps) across all tenors.
 
9. Rs 1 Lakh Cr Agri Infrastructure fund to be set up for farm gate; Rs 20,000 Cr allocated for the launch of Pradhan Mantri Matsya Sampada Yojana. 
 
10. Tribal Cooperative Marketing Development Federation of India, TRIFED under Ministry of Tribal Affairs and Art Of Living, AOL Foundation have signed a Memorandum of Understanding to collaborate in programmes of each organisation for promoting Tribal Enterprises.


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