If you find this video useful then please click on like button.
If you have any doubt, suggestions or any kind of feedback then please write in the comment below.
Your support will help us grow faster.
On 9 May 2016 the Union Government released a commemorative coin of hundred rupees and a circulation coin of ten rupees on Maharana Pratap. The coin was released as a part of 475th Birth Anniversary celebrations of Maharana Pratap. The coin was released by Minister of State for Culture and Tourism Dr Mahesh Sharma in New Delhi.
10th May, 2016 Economics
Union Government releases Commemorative
Coin & Circulation Coin on Maharana Pratap
Click Here For Latest Current Affairs
On 9 May 2016 the Ministry of Environment and Forests launched a web-based application on Integrated Waste Management System (IWMS). The system’s web address is www.iwms.nic.in. The government launched the system for better management of waste. The user-friendly application is capable of tracking the movement of hazardous waste. The objective of the IWMS is to enhance transparency in the working of the Ministry and other Centre/State level regulatory bodies. To reduce the time taken for processing applications, seeking various types of permissions under the recently notified waste management regulations.
10th May, 2016 Environment Ministry of Environment & Forests launches web-
based application on Integrated Waste
Management System
Click Here For Latest Current Affairs
In the first week of May 2016 the Karnataka Government decided to establish Asia’s first-ever Rice Technology Park at Gangavati in Koppal district. Besides, a Maize Technology Park will also be established at Ranebennur in Haveri district. The rice park is being established at Navali-Karatagi villages on the outskirts of Gangavati, and the maize park is to be come up in the APMC market yard at Ranebennur. These parks will be established under public private partnership (PPP). These parks would pave the way for opening new avenues for rice and maize growers to add value to their produce and get better returns and also enhance quality of the produce.
10th May, 2016 Economics Asia's first Rice Technology Park to be
established in Gangavati, Karnataka
Click Here For Latest Current Affairs
Peer to peer (P2P) lending is a form of crowd -funding which can be defined as the use of an online platform that matches lenders with borrowers in order to provide unsecured loans. On 28 April 2016 the Reserve Bank of India (RBI) released consultation paper on P2P lending to classify it as Non-Banking Financial Company (NBFC). The Consultation paper outlines the pros and cons of regulating the sector and proposes a suitable framework. It includes minimum capital, permitted activity, governance requirements, and fair practices code for customer dealing and data security. P2P lending is regulated in five different ways; - Exempt market/ Unregulated through lack of definition- China, Ecuador, Egypt, South Korea, Tunisia - Intermediary Regulation- Australia, Argentina, Canada (Ontario), New Zealand, United Kingdom - Banking Regulation- France, Germany, Italy - US Model- United States of America - Prohibited- Israel, Japan In India, at present, there is no clear regulatory framework governing in functioning of P2P lending platforms despite having many online P2P lending platforms.
10th May, 2016 Economics
RBI releases consultation paper on Peer to
Peer lending to classify it as NBFC
Click Here For Latest Current Affairs
Thank you for Watching
Click Here for
Videos in Email
Click Here to Watch All
Videos
