Daily financial/banking affairs updates is prepared by keeping the exam pattern and the previously asked questions in IBPS, SBI, RBI, SSC Exams. This will be useful to update your GK on daily basis.
1. NITI Aayog says farmers should pay income taxes
NITI Aayog member Bibek Debroy proposed, at a news conference on Tuesday, that Indian farmers should start paying income tax.
Debroy opined that income-fluctuation will also be taken into account while determining the tax threshold for farmers.
The suggestion comes at a time when TN farmers are protesting to seek drought relief after failing to sustain their lands.
2. MFIN launches financial literacy app
Microfinance Institutions Network (MFIN), a self-regulatory organisation and an industry association of microfinance, has launched a financial literacy mobile app for microfinance clients.
The app was launched in the capital in the presence of Meenakshi Lekhi, Member of Parliament, and Manoj Mittal, Deputy Managing Director, SIDBI.
3. NHAI to set up panel to deal with disputes
The National Highways Authority of India (NHAI) has decided to constitute a high powered conciliatory committee, consisting of senior functionaries to resolve various cases relating to construction of national highways, according to its Chairman YS Malik.
4. Vistara Airlines signs MoU with Punjab govt
Vistara Airlines in collaboration with Taj Hotels has signed an MoU with the Punjab government to promote tourism in the state.
Vistara CEO Phee Teik Yeoh and Gurjot Singh Malhi, Advisor to CEO, held detailed discussion on this with Punjab Chief Minister Amarinder Singh here, an official said.
5. Viewership shifting from TV sets to laptops, mobile phones
With players such as Netflix and Hotstar luring viewers with new content, consumers are shifting their viewership from TV sets to devices such as laptops and mobile phones.
According to Accenture Digital Consumer Survey, the percentage of Indian consumers who prefer watching shows on TV sets plummeted from 47 per cent to 10 per cent over the last one year.