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UPSC Prelims Current Affairs

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Current Affairs

Page-11 of Finance

Finance involves the management of money and investments. It plays a crucial role in the economy. Individuals and businesses rely on financial services for growth. Banking, insurance, and investment are key sectors. Financial literacy is essential for making informed decisions. In India, finance is influenced by regulations and market dynamics. Understanding finance can lead to better economic stability and prosperity.

PFRDA Approves New Pension Fund Framework

PFRDA has approved, in principle, a framework that may allow Scheduled Commercial Banks to independently set up Pension Funds for managing the National Pension System. The move is...

 January 2, 2026

Finance Commission

The Constitution of India provides for, under Article 280, the establishment of a Finance Commission for purpose of allocation of certain resources of revenue between the Union and...

 July 14, 2024

Finance Commission and State Election Commission

The Finance Commission constituted under Article 243I shall also review the financial position of the Municipalities and make recommendations of the Governor as to : (a) principles which...

 July 10, 2024

Financial Bill, Appropriation Bill, Finance Bill

A bill that relates to the revenue or expenditure is a financial bill. "Those bills which make provisions for any of the matters specified in the Money Bills...

 June 9, 2024

Union Finance Minister Urges Use of Technology and International Collaboration to Combat Illegal Trade

Nirmala Sitharaman, the Union Finance Minister of India, has called upon customs authorities to harness technology and share actionable intelligence to deter illegal trade activities. During the Global...

 October 31, 2023

Global Finance Central Banker Report Cards for 2023

Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), has achieved an A+ rating in the Global Finance Central Banker Report Cards for 2023. The annual...

 September 2, 2023

Polluter Pays Principle highlighted at Paris Finance Summit

The recent side event, "How to make polluters pay: Climate finance to support global equity," held at the Summit for a New Global Financial Pact, highlighted the importance...

 June 26, 2023

Infrastructure Finance Company

Infrastructure finance companies are specialized financial institutions that provide loans for infrastructure projects. These companies do not accept deposits like traditional banks but focus solely on lending to...

 March 15, 2023

RBI’s Regulatory Measures on Climate Risk and Sustainable Finance

The Reserve Bank of India (RBI) has taken a major step towards addressing the challenges posed by climate change to the financial sector. In a recent announcement, the...

 February 11, 2023

Guidelines for City Finance and Beauty Rankings Launched by Indian Government

The Union government of India has recently released guidelines for a new finance-based ranking of cities, which will assess urban areas on 15 key parameters, including resource mobilization,...

 December 30, 2022

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