Bioplastics from cassava boosting local economy in Nagaland
Farmers in Nagaland are adopting compostable bioplastic bags made from cassava starch. About Bioplastics: Ref: Source UPSC IAS Preparation Resources
Framework for Domestic Money Transfer (DMT)
The Reserve Bank of India (RBI) revised the Framework for Domestic Money Transfer (DMT) initially introduced in 2011. Key Highlights
Abolition of Angel Tax in Union Budget 2024-25
The finance minister announced the elimination of the angel tax for all investors during the 2024 budget presentation. About Angel
What Is the Equalisation Levy under Finance Act 2016?
The government proposes withdrawing a 2% equalisation levy on non-resident e-commerce companies. About Equalisation Levy: Ref: Source UPSC IAS Preparation
Money Multiplier- Concept, Formula, & Example
Money Multiplier is key concept in understanding how monetary policy affects the economy. Table of Content What is the Money
Makhana (Foxnut/ Black Diamond /gorgon nut)
The Bihar government has urged the Centre to declare the Minimum Support Price (MSP) for makhana. About Makhana: Climatic Conditions
RBI- Integrated Ombudsman Scheme
The Madras High Court has upheld the Constitutional validity of the Reserve Bank of India – Integrated Ombudsman Scheme (RBI-IOS)
Vizhinjam International Sea Port
The Vizhinjam International Sea Port has welcomed its first container ship, a large cargo vessel named ‘San Fernando’ from China.