Current Affairs

 

                                                               Current Affairs

OCTOBER -14

• Reserve Bank of India (RBI) has raised the banks’ maximum aggregate retail exposure limit to entities with turnover up to Rs 5 crore to Rs 7.5 crore. Earlier this limit was Rs 5 crore.

• Axis Bank has launched a new entry-level credit card named Axis ACE Credit Card, with a focus on increasing participation of users in the digital economy.

• According to ‘World Economic Outlook’ report, the International Monetary Fund (IMF) has projected the Indian economy to contract by 10.3 per cent in 2020-21, from its earlier prediction of 4.5 per cent due to rise in Covid cases.

• BharatPe has announced the launch of its high impact TV campaign starring ‘Team BharatPe’ with 11 Cricket stars as brand ambassadors.

• An online payment processing service, Amazon Pay and a technology company that offers vehicles for hire, Uber, announced a partnership to push digital payments in India.

• Indian Army and Maharashtra Police organised an anti-terror exercise “Suraksha Kavach” at Lullanagar, Pune, Maharashtra.

• World Standards Day or International Standards Day is observed globally on 14 October every year. The theme is “Protecting the planet with standards”.

• Minister for Backward and Extremely Backward Classes in Bihar, Vinod Kumar Singh passed away due to COVID-19.

• Prime Minister Narendra Modi has released the autobiography of former Union Minister Dr Balasaheb Vikhe Patil through video conferencing.