23 rd May Flashcards
provisional payroll data
-Released by Employees’ Provident Fund Organisation (EPFO)
- formal job creation under the EPFO rose by 11.4% in
2023-24 (FY24) to 15.4 million compared to 13.85 million in FY23
-Provisional payroll data for March 2024 shows 1.44 million net members were added to EPFO,
down from 1.54 million in February 2024.
* In March 2024, 0.74 million new members joined EPFO, with 56.83% in the 18-25 age group,
indicating many are first-time job seekers.
* About 1.18 million members exited and rejoined EPFO, choosing to transfer their
accumulations instead of applying for final settlement.
* Gender-wise, 0.2 million new female members joined, with a net addition of 0.29 million,
indicating a shift towards a more inclusive workforce.
The National Sample Survey Office (NSSO), Ministry of Statistics and Programme Implementation
(MoSPI) released its 21st quarterly Periodic Labour Force Survey (PLFS) bulletin for OctoberDecember 2023 (Q3FY24).
* As per it, India’s urban unemployment rate (UR) in Current Weekly Status (CWS) terms for
persons aged 15 years and above declined to ___ during Q3FY24 which is the lowest level in over 4 years.
* It was 6.6% in Q2FY24, and 7.2% in Q3FY23.
6.5%
According to the ‘India Employment Report 2024: Youth education, employment and Skills’ jointly
published by the _____ and ______, India’s youth accounts for almost 83% of the unemployed workforce in India.
International Labour Organization (ILO) and
The Institute of Human Development
(IHD)
The “Half-Yearly Economic Review 2023-24-November 2023” released by the Department of
Economic Affairs (DEA), Ministry of Finance, mentioned that India’s real Gross Domestic Product
(GDP) grew by ____ in the first half (H1)of financial year 2023-2024 (FY24). With this, India is
expected to achieve a growth rate of over____in FY24.
7.7%
6.5%
the Travel & Tourism Development Index
(TTDI 2024)
-2nd edition
- Published by World Economic Forum (WEF)
-The United States of America (USA) has topped the list with a TTDI score of 5.24, 2nd Spain, 3rd Japan
-India is ranked 39th among 119 economies with a TTDI score of 4.25.
-. India was ranked 54th in
TTDI 2021 with a score of 4.1
- The index was compiled in collaboration with the
University of Surrey in United Kingdom (UK).
World Economic Forum (WEF)
About World Economic Forum (WEF):
President – Børge Brende
Headquarters – Cologny, Switzerland
Established – 1971
“Global Land Outlook Thematic Report on Rangelands and Pastoralists
- Release by United Nations Convention to
Combat Desertification’s (UNCCD), - up to 50% of world’s
vast rangelands are degraded and is nearly double the previous estimates that ranged from 20% to 35%.
*The report was released by UNCCD in Ulaanbaatar, Mongolia
-
“State and Trends of
Carbon Pricing 2024,”
11th, World Bank
-total revenues from carbon taxes and Emissions Trading Systems (ETSs) in 2023 have reached a record high of USD 104 billion.
-The total revenue from carbon taxes and ETS in 2022 was about USD 95 billion.
- Adjusted for inflation, the carbon prices should now be USD 63 to 127/ton of carbon dioxide
equivalent (tCO2e).
Which Small Finance Bank has recently (in may ‘24) signed a Bancassurance Partnership
agreement with the SBI General Insurance Company Limited to facilitate the distribution of
non-life insurance products?
Jana Small Finance Bank
Name the bank that has recently (in may’24) signed a Memorandum of Understanding
(MoU) with VST Tillers Tractors Limited to provide financial solutions for farmers purchasing
tractors and farm mechanization products.
Axis Bank
Which company has recently (in may’24) launched a new digital service named ‘TCPay’
designed to simplify international money transfers?
Thomas Cook (India) Limited
Name the company that has become India’s third unicorn (with a valuation of USD 1 billion
and above) in 2024
Porter
So far, Ola’s Artificial Intelligence (AI) startup Krutrim and Fintech-focussed Software as a
Service (SaaS) firm Perfios are the other two Indian startups that emerged as Unicorn in
2024.
Note:A unicorn is a term used to describe privately owned startups or companies whose valuation is
more than USD 1 billion
International Booker Prize 2024.
Kairos
German author Jenny Erpenback and translator Michael Hofmann
-Kairos became the 1st book translated from German to English
President of Vietnam for the 2021-2026
tenure
To Lam
Who has been recently (in may ‘24) appointed as the whole time Executive Director of IDFC
First Bank Limited for a period of 3 years?
Pradeep Natarajan