Recent Developments in Indian Innovations
16 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the primary purpose of the UPI Circle feature launched by NPCI?

  • To manage user accounts
  • To enhance user security
  • To integrate with international payment systems
  • To delegate payment responsibilities (correct)

When is the inaugural date of India's first Constitution Museum at O.P. Jindal Global University?

  • July 4, 2024
  • August 15, 2024
  • November 26, 2024 (correct)
  • January 26, 2025

What financial instrument has the World Bank priced linked to carbon removal units?

  • A $500 million bond
  • A $400 million bond
  • A $225 million bond (correct)
  • A $300 million bond

What was released on India's National Space Day to commemorate the Chandrayaan-3 landing?

<p>An e-magazine titled Sapno Ki Udaan (D)</p> Signup and view all the answers

What is the primary focus of Piramal Capital and Housing Finance Limited's partnership with the Central Bank of India?

<p>Providing loans to middle and low-income borrowers (A)</p> Signup and view all the answers

How many new districts were announced in the Union Territory of Ladakh?

<p>Five (C)</p> Signup and view all the answers

In which year was the Agricultural Infrastructure Fund (AIF) launched?

<p>2020 (A)</p> Signup and view all the answers

What is the term for the cooperation agreement signed between India and Russia for emergency management?

<p>Working plan of Joint Indian-Russian Commission (B)</p> Signup and view all the answers

What initiative was launched by the Sports Ministry to assist retired athletes in transitioning to new careers?

<p>RESET program (B)</p> Signup and view all the answers

Which new financial product was introduced by ESAF Small Finance Bank?

<p>Inori RuPay Platinum Credit Card (C)</p> Signup and view all the answers

What does the She-Box portal aim to improve?

<p>Workplace safety for women (A)</p> Signup and view all the answers

Which organization launched Project NAMAN to support Defence Pensioners?

<p>Indian Army (D)</p> Signup and view all the answers

Which city has recently been recognized as the 'billionaire capital of Asia'?

<p>Mumbai (B)</p> Signup and view all the answers

What status was granted to SECI Solar Energy Cooperation of India Ltd.?

<p>Navratna status (C)</p> Signup and view all the answers

What is the primary goal of the e-Dispute Resolution Scheme (e-DRS) 2022 introduced by the CBDT?

<p>Reduce litigation (B)</p> Signup and view all the answers

What is the significance of the indigenous vessel Samudra Pratap?

<p>Defense manufacturing and environmental protection (A)</p> Signup and view all the answers

Flashcards

UPI Circle Feature

Allows primary UPI account holders to delegate payments to trusted secondary users, partially or fully.

Constitution Museum (India)

India's first Constitution Museum, launched to commemorate 75 years of the Constitution.

World Bank Bond (Carbon Removal)

A bond offering financial returns tied to carbon removal units generated from reforestation projects.

Piramal Finance Loan Focus

Partners with Central Bank of India to provide loans to middle & low-income borrowers, rural/semi-urban regions.

Signup and view all the flashcards

Ladakh New Districts

Five new districts created in Ladakh (Zanskar, Drass, Sham, Nubra, and Changthang).

Signup and view all the flashcards

Tata AIA Term Insurance

New term insurance product with innovative features and benefits from Tata AIA Life Insurance.

Signup and view all the flashcards

Agricultural Infrastructure Fund

Launched in 2020 to boost agricultural infrastructure.

Signup and view all the flashcards

India-Russia Emergency Management

Working plan signed for 2025/2026 to enhance cooperation in Emergency Management.

Signup and view all the flashcards

Inori RuPay Platinum Credit Card

A credit card launched by ESAF Small Finance Bank, designed to provide premium banking services and benefits.

Signup and view all the flashcards

Samudra Pratap

An indigenous vessel built by Goa Shipyard for the Indian Coast Guard, showcasing India's progress in defense manufacturing and environmental protection.

Signup and view all the flashcards

RESET Program

A program launched by the Sports Ministry to help retired athletes transition into new careers by providing training and support.

Signup and view all the flashcards

She-Box Portal

An online platform launched by the Ministry of Women and Child Development to facilitate the reporting and handling of sexual harassment complaints in workplaces.

Signup and view all the flashcards

Mumbai's Billionaire Status

Mumbai, India's financial hub, has emerged as the 'billionaire capital of Asia', surpassing Beijing in the number of billionaires.

Signup and view all the flashcards

Payment Passkey Service

A secure online transaction service introduced by Mastercard, aimed at enhancing security for online payments.

Signup and view all the flashcards

Project NAMAN

A project launched by the Indian Army to support Defence Pensioners, Veterans, and their families through the SPARSH digital pension system.

Signup and view all the flashcards

SECI (Navratna Status)

Solar Energy Corporation of India Ltd., a Central Public Sector Enterprise, was granted Navratna status by the Ministry of Finance, recognizing its significant contributions to renewable energy development.

Signup and view all the flashcards

Study Notes

UPI Circle Feature

  • NPCI launched a UPI Circle feature on the UPI platform
  • Allows primary account holders to delegate payment responsibilities to trusted secondary users
  • UPI user acts as a primary link to secondary users
  • Delegation can be either partial or full

O.P. Jindal Global University

  • O.P. Jindal Global University (JGU) will launch India's first Constitution Museum
  • Marks the 75th anniversary of the adoption of the Constitution of India
  • The museum is named "The Constitution Academy and The Rights & Freedoms Museum"
  • Inauguration on November 26, 2024

World Bank Bond

  • The World Bank priced a $225 million bond
  • Financial returns to investors are linked to carbon removal units (CRUs) from reforestation projects in Brazil's Amazon rainforest

India's Space Saga

  • "Touching Lives while Touching the Moon: India's Space Saga" event held on August 23, 2024
  • Forecasts agricultural output using Space, Agro-meteorology, and Land-based observations using FASAL
  • Ministry of Agriculture and Family Welfare involved

India's National Space Day

  • On India's National Space Day, the Department of School Education & Literacy (Ministry of Education) collaborated with NCERT to release an e-magazine "Sapno Ki Udaan"
  • Commemorates the 1st anniversary of the Chandrayaan-3 landing on the lunar South Pole

Piramal Capital and Housing Finance

  • Piramal Capital and Housing Finance Limited (Piramal Finance) partnered with the Central Bank of India
  • Focused on providing loans to middle and low-income borrowers, particularly in rural and semi-urban regions

Tata AIA Life Insurance

  • Tata AIA Life Insurance announced a new term insurance product "Sampoorna Raksha Promise"
  • Includes innovative features and benefits

New Districts in Ladakh

  • Centre announced the creation of five new districts (Zanskar, Drass, Sham, Nubra, and Changthang) in the Union Territory of Ladakh
  • Currently, Ladakh consists of just two districts (Leh and Kargil)
  • Each district will be governed by its autonomous district council

Unified Lending Interface

  • ULI (Unified Lending Interface) is mentioned

Agricultural Infrastructure Fund

  • AIF (Agricultural Infrastructure Fund) launched in 2020

India-Russia Cooperation

  • India and Russia signed a working plan for Joint Russian-Indian Commission on the Cooperation in the Field of Emergency Management for 2025-2026

Studying That Suits You

Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

Quiz Team

Description

Explore the latest innovations in India, including the launch of the UPI Circle feature by NPCI, the establishment of India's first Constitution Museum by O.P. Jindal Global University, the World Bank's bond aimed at carbon removal, and insights into India's space initiatives. Test your knowledge on how these advancements are shaping the country's future.

More Like This

FD New Issue Type: UPI-U16-00970
4 questions
Détails de la transaction UPI
8 questions

Détails de la transaction UPI

IntegratedChalcedony952 avatar
IntegratedChalcedony952
Cyber Fraud in UPI Payments - India
47 questions
Use Quizgecko on...
Browser
Browser