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Monthly Archives: September 2021

September, 2021 -_30.1

RBI removes Indian Overseas Bank from Prompt Corrective Action framework

Reserve Bank of India has announced the removal of Prompt Corrective Action (PCA) restrictions on Indian Overseas Bank (IOB). This decision gives the bank more freedom for lending, especially to corporations and grow the network, subject to prescribed norms. IOB was placed under PCA in 2015. Buy Prime Test Series for all Banking, SSC, Insurance …

September, 2021 -_50.1

GoI increases the income limit of disabled dependents for family pension to 30%

Ministry of defence and union government has decided to increase the income limit of disabled dependents for family pension to children/siblings suffering from mental or physical disability. The child/sibling will be eligible for family pension for life if his/her overall income from sources other than a family pension is less than 30% of the last …

September, 2021 -_60.1

Ministry of Social Justice & Empowerment launches Elder Line

Ministry of Social Justice & Empowerment has launched India’s first Pan-India helpline for senior citizens named ‘Elder Line’ for which the toll-free number is 14567. The platform will allow senior citizens to connect and share their concerns, get information and guidance on problems that they face on a day-to-day basis. Buy Prime Test Series for …

September, 2021 -_80.1

Union Minister Jitendra Singh launches “Amrit Grand Challenge Program-जनCARE”

As a part of the Azadi Ka Amrit Mahotsav, Union Minister Dr Jitendra Singh (Union Minister of State (Independent Charge) Science & Technology) launched the “AmritGrand Challenge Program” titled “जनCARE”. The Grand Challenge aims to identify 75 Start-Up and entrepreneurs, who come out with Innovative Ideas and Solutions for India’s healthcare challenges, that can work …

September, 2021 -_90.1

Yemeni humanitarian organization wins Nansen Refugee Award 2021

A humanitarian organization from Yemen has been declared as the winner of the 2021 UNHCR Nansen Refugee Award. The organisation named “Jeel Albena Association for Humanitarian Development”, founded in 2017 by Ameen Jubran has won the prestigious honour to support and provide a lifeline to tens of thousands of Yemenis people displaced by the country’s …

September, 2021 -_100.1

NPCI tie-up with YES Bank for ‘On-the-Go’ payment solution

The National Payments Corporation of India (NPCI) has partnered with private sector lender YES Bank to launch first-of-its-kind ‘RuPay On-the-Go’ contactless payments solutions. The RuPay On-the-Go contactless solution is mainly a wearable payment solution, launched to enable customers to make small and large value transactions from accessories that they wear every day. Buy Prime Test …

September, 2021 -_110.1

North Korea tests fire hypersonic missile “Hwasong-8”

North Korea successfully tested a new hypersonic missile called Hwasong-8, in a bid to increase the nation’s capabilities for self-defence. The missile was one of the five most important new weapons systems laid out by North Korea in the five-year military development plan. This was the country’s third missile test in a month. Earlier it …