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CA/PIB/RBI/ESI/FM - MAR'24 > CA - 9 > Flashcards

CA - 9 Flashcards

1
Q

What is the target valuation for Yes Bank’s stake sale?

A

$8-9 billion

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2
Q

What percentage of its stake is Yes Bank planning to sell?

A

Up to 51%

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3
Q

Under what condition does a new promoter require RBI approval?

A

If they acquire more than 26% stake in Yes Bank.

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4
Q

Which bank holds the largest stake (26.13%) in Yes Bank currently?

A

State Bank of India (SBI)

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5
Q

Besides SBI, are there any other major shareholders in Yes Bank?

A

Yes Bank has stakes held by a consortium of banks including HDFC, ICICI, Kotak Mahindra, Axis, and IDFC First.

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6
Q

When did the RBI take over Yes Bank?

A

March 2020

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7
Q

Why did the RBI take over Yes Bank?

A

Due to financial troubles including bad loans and capital raising challenges.

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8
Q

What was the e-way bill generation count in February?

A

9.73 crores, making it the second-highest all-time generation. The highest e-way bill generation happened in August 2023, with a count of 9.34 crores.

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9
Q

Why is the surge in e-way bill generation significant?

A

It’s the highest in four months.
It indicates increased economic activity.
It’s likely to positively impact GST collections in March.

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10
Q

What is an e-way bill?

A

An electronic document generated for the movement of goods.
It provides evidence of tax payment (or exemption).

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11
Q

When is generating an e-way bill mandatory?

A

When the consignment value of goods being moved exceeds ₹50,000.

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12
Q

Which two companies have partnered to launch the Titan SBI Card?

A

SBI Card and Titan Company Ltd.

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13
Q

What type of spending is the Titan SBI Card designed for?

A

The card targets consumers’ aspirational spending needs.

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14
Q

What are the primary benefits offered by the Titan SBI Card?

A

Titan gift vouchers
Reward Points
Exclusive benefits worth over ₹ 2,00,000 per year

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15
Q

What is the purpose of the Dwarka Expressway project?

A

Improve traffic flow and ease congestion between Delhi and Gurugram.

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16
Q

Who inaugurated the Dwarka Expressway?

A

Prime Minister of India

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17
Q

Which section of the Dwarka Expressway was inaugurated?

A

Haryana section (19 km)

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18
Q

What was the construction cost of the inaugurated Haryana section?

A

Rs. 4,100 crore

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19
Q

What was the main topic of discussion during the first India-Brazil 2+2 ministerial dialogue?

A

Expanding cooperation in energy, critical minerals, technology, and counter-terrorism.

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20
Q

Where did the first India-Brazil 2+2 ministerial dialogue take place?

A

Delhi, India

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21
Q

Besides Brazil, which other countries does India conduct 2+2 ministerial dialogues with?

A

The US,
Australia,
Japan, and
Russia.

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22
Q

What does SIMA stand for?

A

Scalable Instructable Multiworld Agent

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23
Q

What is SIMA capable of doing?

A

Following natural language instructions
Performing tasks across different video game environments

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24
Q

Why is SIMA a significant development in AI?

A

Demonstrates the potential for AI agents to play a key role in gaming
Brings us closer to collaborative AI working with humans in real-world tasks

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25
Q

How is SIMA considered a ‘generalist’ AI agent?

A

It can perform a diverse range of tasks, understanding different gaming environments

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26
Q

How does SIMA’s ability to follow natural language instructions relate to how humans play games?

A

It marks the first time an AI agent demonstrates this capacity, mimicking human-like understanding and actions within game worlds.

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27
Q

Google DeepMind developed SIMA. DeepMind is an

A

AI research company that’s part of Alphabet, the parent company of Google.

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28
Q

When is the International Day of Action for Rivers observed?

A

March 14th

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29
Q

What is the theme of the International Day of Action for Rivers in 2024?

A

“Water for All”

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30
Q

What recognition did Pankaj Advani receive for his billiards career?

A

Inducted into the Hall of Fame at the World Billiards Museum (Shangrao City, China)

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31
Q

When did Pankaj Advani win his most recent IBSF title (as of October 2023

A

November 2023

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32
Q

What was the specific IBSF title Pankaj Advani won in November 2023?

A

26th IBSF title

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33
Q

What sport does the International Billiards & Snooker Federation (IBSF) govern?

A

Non-professional snooker and English billiards

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34
Q

Where is the headquarters of the International Billiards & Snooker Federation located?

A

Doha, Qatar

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35
Q

Who sold TCS shares in a block deal?

A

Tata Sons (holding company of Tata Group)

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36
Q

Number of TCS shares sold by Tata Sons

A

2.02 crore shares

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37
Q

Percentage of TCS equity sold by Tata Sons

A

0.6%

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38
Q

Value of the block deal

A

Rs 9,000 crore

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39
Q

What was Tata Sons’ stake in TCS before the sale?

A

72.38%

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40
Q

What is Tata Sons’ current stake in TCS after the sale?

A

71.74%

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41
Q

Who are the major shareholders of Tata Sons?

A

Dorabji Tata Trust
Ratan Tata Trust

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42
Q

What is the current market value of the Tata Group (all listed entities combined)?

A

Rs 30 lakh crore

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43
Q

What government ministry announced the review committee for Ayushman Bharat-PMJAY?

A

Ministry of Health and Family Welfare

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44
Q

Who chairs the 16-member expert committee?

A

Dr. V K Paul, Member (Health) at NITI Aayog

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45
Q

What are some key areas the committee will oversee regarding AB-PMJAY?

A

Beneficiary identification
Hospitalization
Modes of implementation

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46
Q

What is a critical task assigned to the committee?

A

Suggest measures to prevent fraud or misuse of the scheme.

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47
Q

How will the committee explore linkages with other initiatives?

A

Discuss ways to provide linkages with Ayushman Bharat Digital Mission (ABDM) and Ayushman Arogya Mandirs (AAMs).

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48
Q

What is the timeframe for the committee to submit its report?

A

Within 45 days from the order of its constitution

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49
Q

When did the National Zoological Park celebrate International Day of Forests?

A

March 21st, 2024

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50
Q

What was the theme for International Day of Forests 2024?

A

“Forests and innovation: new solutions for a better world”

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51
Q

Who led the Indian delegation to the ITU Headquarters in Geneva?

A

Dr. Neeraj Mittal, Secretary, Department of Telecommunications, Government of India

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52
Q

What key role did Dr. Mittal secure at the ITU?

A

Co-chair of the Digital Innovation Board (elected unanimously)

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53
Q

What organization established the Digital Innovation Board?

A

International Telecommunication Union (ITU)

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54
Q

Under what initiative was the Digital Innovation Board formed?

A

innovation and Entrepreneurship Alliance for Digital Development

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55
Q

What is the composition of the Digital Innovation Board?

A

Ministers and Vice Ministers of Telecom/ICT from 23 ITU member countries across various continents.

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56
Q

Why did the ITU establish the Innovation and Entrepreneurship Alliance for Digital Development?

A

To address unmet needs in the area of innovation as expressed in the Kigali Action Plan (WTDC-22).

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57
Q

What are the three main components of the ITU’s Innovation and Entrepreneurship Alliance?

A

(a) Digital Transformation Lab
(b) Network of Acceleration Centres
(c) Digital Innovation Board

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58
Q

How many organizations were selected by the ITU to host Network of Acceleration Centres globally?

A

17

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59
Q

Which Indian centre plays a coordinating role for the Network of Acceleration Centres?

A

Global Innovation Centre at ITU Area Office and Innovation Centre, New Delhi

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60
Q

What is the name of the joint maritime exercise involving India, Mozambique, and Tanzania?

A

India-Mozambique-Tanzania Trilateral Exercise (IMT TRILAT)

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61
Q

When is the second edition of the IMT TRILAT exercise happening?

A

March 21-29, 2024 (already concluded)

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62
Q

Which Indian Navy ships participated in the IMT TRILAT exercise?

A

iNS Tir and INS Sujata

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63
Q

How many phases did the IMT TRILAT exercise have?

A

Two

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64
Q

Where did the harbour phase activities take place for INS Tir and INS Sujata?

A

INS Tir - Zanzibar (Tanzania)
INS Sujata - Maputo (Mozambique)

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65
Q

What is one planned activity during the sea phase of the exercise?

A

Joint Exclusive Economic Zone (EEZ) surveillance

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66
Q

Where did the IMT TRILAT exercise conclude?

A

Nacala (Mozambique)

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67
Q

Who is the Chairman of the Indian Banks’ Association (IBA) for 2023-24?

A

MV Rao

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68
Q

How many Deputy Chairmen does the IBA have?

A

Three

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69
Q

List the three Deputy Chairmen of the IBA for 2023-24 and their affiliations.

A

(a) Dinesh Kumar Khara - Chairman, State Bank of India
(b) SL Jain - Managing Director and CEO, Indian Bank
(c) Dr N Kamakodi - MD and CEO, City Union Bank

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70
Q

Who is the Honorary Secretary of the IBA for 2023-24?

A

Madhav Nair Country Head and CEO, Bank of Bahrain and Kuwait

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71
Q

What is the name of IOB’s new jewel loan product with a linked card?

A

IOB Gold Powered Card

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72
Q

How does the IOB Gold Powered Card function?

A

Provides instant access to a card linked to the jewel loan overdraft account.

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73
Q

What is the repayment flexibility for IOB Gold Powered Card?

A

Customers can service interest and principal in a lump sum at the loan’s maturity (12 months).

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74
Q

What is the loan amount range for IOB Gold Powered Card?

A

₹25,000 to ₹25 lakh

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75
Q

What functionalities does the IOB Gold Powered Card offer besides loan access?

A

Cash withdrawal at ATMs, POS transactions, and e-commerce transactions.

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76
Q

What are the transaction limits for the IOB Gold Powered Card?

A

Cash withdrawal:
Per transaction - ₹20,000
Daily limit - ₹1 lakh
POS & e-commerce transactions:
Per transaction & daily limit - ₹25 lakh

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77
Q

What is the validity period of the IOB Gold Powered Card?

A

Three years

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78
Q

What is the name of IOB’s new jewel loan product designed for housing loan borrowers?

A

Jewel Loan Suvidha

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79
Q

Who can avail of the Jewel Loan Suvidha?

A

Housing loan borrowers from IOB or other banks.

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80
Q

What is the loan amount range for Jewel Loan Suvidha?

A

₹25,000 to ₹50 lakh

81
Q

What repayment options does Jewel Loan Suvidha offer?

A

Bullet payment and EMI modes.

82
Q

Which organization is partnering with the National Cancer Grid and Tata Memorial Centre?

83
Q

What is the amount of Axis Bank’s contribution?

A

Rs. 100 crore

84
Q

How will the collaboration improve cancer care?

A

(a) Increased access to cancer care
(b) Improved quality of cancer care

85
Q

List two projects that will benefit from Axis Bank’s contribution

A

(a) National Cancer Teleconsultation Network
(b) National Tumour Biobank

86
Q

What is the ultimate aim of this initiative by Axis Bank?

A

Enhance cancer care and research through improved access and digital adoption

87
Q

What award did Prime Minister Modi receive from Bhutan?

A

Order of the Druk Gyalpo (Bhutan’s highest civilian decoration)

88
Q

Who presented the award to Prime Minister Modi?

A

His Majesty the King of Bhutan

89
Q

Where did the award ceremony take place?

A

Tendrelthang, Thimphu

90
Q

What is the significance of the Order of the Druk Gyalpo?

A

Highest civilian decoration in Bhutan and lifetime achievement award

91
Q

As of March 6th, how much has the Modi government provided to RRBs under the recapitalization scheme?

A

Rs 6212.03 crore

92
Q

What type of bank is a Regional Rural Bank (RRB)?

A

A commercial bank owned by the Indian government and operating at the regional level
Narasimham Committee Report (1975)

93
Q

When were RRBs established?

94
Q

What is the main purpose of RRBs?

A

Provide basic banking and financial services in rural areas, particularly to underprivileged groups.

95
Q

What was the consolidated Capital to Risk-weighted Assets Ratio (CRAR) of RRBs as of December 31, 2023?

A

13.83% (an all-time high)

96
Q

What is the purpose of recapitalization support for RRBs?

A

To maintain the minimum required capital-to-risk-weighted assets ratio.

97
Q

What was the consolidated net profit of Indian RRBs in FY 2022-23?

A

Rs 4,974 crore (highest ever)

98
Q

What was the consolidated net profit of Indian RRBs up to Q3 of FY 2023-24?

A

Rs 5,236 crore

99
Q

What was the consolidated credit-deposit ratio of RRBs as of September 30, 2023?

A

72.13% (highest in the last 15 years)

100
Q

How many RRBs are there in India?

101
Q

What achievement did ICICI Bank’s iMobile Pay app achieve?

A

Over one crore customers from other banks registered on the ap

102
Q

How long did it take for iMobile Pay to reach this milestone?

A

Within three years of launch.

103
Q

What feature of iMobile Pay is credited with attracting customers from other banks?

A

: Interoperability (introduced in December 2020)

104
Q

How does interoperability allow users from other banks to use iMobile Pay?

A

By linking their savings account and UPI ID.

105
Q

What impact has interoperability had on iMobile Pay’s transaction value?

A

Increased overall transaction value by 26% in the current financial year (till Feb 2024) compared to the previous year.

106
Q

What is the ‘Know Your Candidate (KYC)’ app?

A

The KYC app is a mobile application launched by the Election Commission of India to help voters know about the criminal antecedents of candidates contesting elections. It is available for download on both Android and iOS platforms

107
Q

What information can voters access through the KYC app?

A

Voters can access information about candidates with criminal antecedents, including details of any criminal cases filed against the candidates and the nature of the offenses1.

108
Q

Which states will have assembly elections along with the Lok Sabha elections?

A

Assembly elections will be held simultaneously in Andhra Pradesh, Odisha, Arunachal Pradesh, and Sikkim2.

109
Q

When is the International Day of Happiness observed?

110
Q

Who started the International Day of Happiness?

A

The United Nations (in 2012)

111
Q

In what year was the first International Day of Happiness observed

112
Q

Which country initiated the UN resolution for the International Day of Happiness?

113
Q

Who are the partners behind the World Happiness Report?

A

Gallup, Oxford Wellbeing Research Centre, UN Sustainable Development Solutions Network (SDSN), World Happiness Report Editorial Board

114
Q

What are the six key factors considered in the World Happiness Report?

A

Social support, income,
health,
freedom,
generosity,
absence of corruption

115
Q

Which country is ranked number one in the World Happiness Report 2024?

A

Finland (for the seventh consecutive year) out of 143 countries

116
Q

List the top 10 happiest countries according to the World Happiness Report 2024.

A

Finland,
Denmark,
Iceland,
Sweden,
Israel,
Netherlands,
Norway,
Luxembourg, Switzerland,
Australia

117
Q

Which countries are ranked at the bottom of the World Happiness Report 2024?

A

Afghanistan (followed by Congo, Sierra Leone, Lesotho, Lebanon)

118
Q

How did the rankings of the United States and Germany change in the World Happiness Report 2024?

A

Both fell out of the top 20. US (23rd), Germany (24th)

119
Q

What is a trend observed between happiness and population in the World Happiness Report 2024?

A

Happiest countries no longer include most populous nations. Only Netherlands and Australia (population > 15 million) are in the top 10.

120
Q

What is India’s ranking in the World Happiness Report 2024?

A

126th (same as last year). Older age linked to higher life satisfaction in India.

121
Q

What are the rankings of China, Nepal, and Pakistan in the World Happiness Report 2024?

A

China (60th), Nepal (93rd), Pakistan (108th)

122
Q

What are the rankings of Sri Lanka and Bangladesh in the World Happiness Report 2024?

A

Sri Lanka (128th), Bangladesh (129th)

123
Q

List the top 5 happiest countries in Asia according to the World Happiness Report 2024.

A

Singapore, Taiwan, Japan, South Korea, Philippines

124
Q

When did the beta version of the T+0 settlement launch in India?

A

March 28, 2024 (optional basis)

125
Q

What does T+0 settlement mean?

A

Funds and securities are settled on the day of the trade.

126
Q

How many stocks are included in the beta launch of the T+0 settlement?

A

A limited set of 25 stocks.

127
Q

Can all brokers participate in the beta launch of the T+0 settlement?

A

No, only a limited set of brokers can participate.

128
Q

Until what time are trades eligible for T+0 settlement?

A

Only till 1.30 pm.

129
Q

How will the stock price behave in the T+0 segment compared to the regular T+1 market?

A

The T+0 price will operate within a band of +/- 100 basis points from the T+1 market price. This band adjusts every 50 basis points the T+1 market price moves.

130
Q

What is the main purpose of the T+0 settlement trial?

A

To increase liquidity in the market.

131
Q

How will T+0 settlement benefit brokers?

A

It will free up their funds within the system, reducing their overall business costs.

132
Q

Before T+0, when were funds credited to the broker’s account after selling shares?

A

On T+1 (settlement day).

133
Q

Which country is the other known example with a short settlement cycle similar to T+0?

134
Q

Who has been given the additional charge of Telangana and Puducherry?

A

CP Radhakrishnan, the Governor of Jharkhand, has been given the additional charge of Telangana and the responsibilities of the Lieutenant Governor of Puducherry1.

135
Q

What is notable about CP Radhakrishnan’s appointment?

A

CP Radhakrishnan is the third person from Tamil Nadu to occupy the post of governor in Telangana for a consecutive term1.

136
Q

When did CP Radhakrishnan assume the governorship of Jharkhand?

A

CP Radhakrishnan assumed the governorship of Jharkhand in 20231.

137
Q

Who won the 2024 Sangita Kalanidhi award?

A

T.M. Krishna, noted Carnatic vocalist and Magsaysay award winner.

138
Q

What is the Sangita Kalanidhi award?

A

Considered the Oscar equivalent for Carnatic music, this prestigious award is given by the Music Academy in Chennai.

139
Q

Who won the 2024 Nritya Kalanidhi award?

A

Dr. Neena Prasad, a renowned Mohiniyattam dancer.

140
Q

What other notable award has T.M. Krishna won?

A

The Ramon Magsaysay Award in 2016.

141
Q

When is Ordnance Factories Day celebrated?

A

March 18th

142
Q

When did Galaxy Health and Allied Insurance Company receive approval to operate in India?

A

March 19, 2024 (during IRDAI’s 125th meeting)

143
Q

What is the impact of Galaxy Health’s approval on the Indian health insurance market

A

It increases the number of Standalone Health Insurers (SAHIs) in India from 6 to 7.

144
Q

Who founded Galaxy Health and Allied Insurance Company?

A

V Jagannathan, previously the founder and Chairman of Star Health (India’s largest SAHI).

145
Q

How is the health insurance market performing in India?

A

The Gross Direct Premium Income (GDPI) for health insurance grew significantly in February 2024 compared to the previous year. It increased from Rs 81,996.77 crore to Rs 98,716.73 crore

146
Q

When is World Tuberculosis Day observed?

A

March 24th annually

147
Q

What is the theme of World TB Day 2024?

A

‘Yes! We can end TB!’

148
Q

What is the purpose of the MoU signed between NCC and NPCIL?

A

To conduct awareness programs on the peaceful use of nuclear power in India.

149
Q

How will NPCIL support the NCC in this initiative?

A

By providing resource persons for educational engagements with NCC cadets during camps and activities.

150
Q

How much has India increased its financial assistance to Bhutan?

A

Doubled from ₹5,000 crore (2019-2024) to ₹10,000 crore (until 2029).

151
Q

What areas did India and Bhutan sign cooperation agreements on?

A

Energy, food safety, sports, space research, air connectivity, rail links, waterways navigation.

152
Q

What specific infrastructure projects were discussed for improved connectivity?

A

Air links, rail links (Kokrajhar-Gelephu, Banarhat-Samtse), waterways navigation on Brahmaputra.

153
Q

What is India’s economic role with Bhutan?

A

Top trading partner and contributor of 73% of Bhutan’s external grants.

154
Q

What agreement was signed between India and Bhutan regarding food safety?

A

An agreement recognizing controls exercised by the FSSAI (India) and the BFDA (Bhutan) to ease bilateral trade.

155
Q

How will India help Bhutan with energy conservation?

A

By promoting India’s Bureau of Energy Efficiency star labelling program for energy-efficient appliances in Bhutanese households.

156
Q

Name two other areas of cooperation between India and Bhutan covered by MoUs.

A

: 1. Sports and Youth Affairs 2. Peering arrangement between India’s National Knowledge Network and Bhutan’s Druk Research & Education Network.

157
Q

How have India and Bhutan collaborated in the field of space?

A

Bhutanese scientists, in partnership with ISRO, launched the India-Bhutan satellite.

158
Q

By what year could India’s solar waste reach 600 kilotonnes?

A

: 2030 (according to a new study by MNRE and CEEW)

159
Q

How much solar waste has India already generated (by FY 2023)?

A

Approximately 100 kilotonnes

160
Q

What is the equivalent of 600 kilotonnes of solar waste?

A

Enough to fill 720 Olympic-sized swimming pools

161
Q

Which Indian states are expected to generate the most solar waste?

A

Rajasthan, Gujarat, Karnataka, Andhra Pradesh, and Tamil Nadu (67%)
Flashcard 5

162
Q

What valuable materials can be recovered from solar waste?

A

Silicon, silver, cadmium, and tellurium

163
Q

: How can recycling solar waste benefit India?

A

Reduce reliance on imported materials and strengthen India’s mineral security

164
Q

By what year is India’s solar waste projected to reach 19,000 kilotonnes?

165
Q

Who is responsible for managing solar waste under India’s current regulations?

A

Producers of solar cells and modules (under Extended Producer Responsibility)

166
Q

What achievement did G. Sathiyan accomplish at the World Table Tennis (WTT) Feeder Series?

A

Won the singles title, becoming the first Indian to do so.

[Beirut is the capital and largest city of Lebanon.]

167
Q

Who did Sathiyan defeat in the singles final?

A

Manav Thakkar (ranked 74th in the world)

168
Q

When is World Water Day observed?

A

March 22nd annually

169
Q

What is the 2024 World Water Day theme?

A

“Water for Peace”

170
Q

What is the name of the operation to evacuate Indian citizens from Haiti?

A

Operation Indravati to the neighboring Dominican Republic

171
Q

Why are Indian citizens being evacuated from Haiti?

A

Due to escalating gang violence and political turmoil.

172
Q

Where is Haiti located?

A

Island of Hispaniola, Caribbean Sea (east of Cuba and Jamaica, south of Bahamas). Capital: Port-au-Prince.

173
Q

What is the name of ISRO’s reusable launch vehicle?

174
Q

What was the name of the recent successful landing mission?

A

RLV-LEX-02

175
Q

How did this mission differ from the previous RLV mission (RLV-LEX-01)?

A

This mission demonstrated autonomous landing from challenging initial release conditions.

176
Q

How was Pushpak launched for the mission?

A

Carried by an Indian Air Force Chinook helicopter and released from 4.5 km altitude.

177
Q

Which ISRO centers collaborated on this successful mission?

A

Vikram Sarabhai Space Centre (VSSC), Liquid Propulsion System Centre (LPSC), ISRO Inertial Systems Unit (IISU)

178
Q

What is the estimated cost of the RLV project?

A

Over Rs 100 crore

179
Q

What is the name of the legendary spaceship that inspired the RLV’s name?

A

Pushpak (from the Ramayana)

180
Q

Where will GoodEnough Energy open India’s first battery energy storage gigafactory?

A

Jammu and Kashmir (northern region)

181
Q

When will the gigafactory commence operations?

A

: October 2024 (estimated)

182
Q

How much carbon emission reduction is expected from this facility?

A

Over 5 million tons annually

183
Q

What is India’s net-zero target year?

184
Q

What is the initial capacity and future expansion plan for the gigafactory?

A

Initial capacity: 7 GWh
Expansion by 2027: 20 GWh (total investment of Rs 4.5 billion)

185
Q

Why are battery storage projects crucial for India’s renewable energy goals?

A

To store energy generated from renewable sources for later use.

186
Q

What is India’s target for renewable energy capacity by 2030?

A

500 GW (up from current 178 GW)

187
Q

How is the Indian government promoting battery storage projects?

A

By offering $452 million in incentives to companies.

188
Q

How much foreign direct investment (FDI) has the insurance sector received in the last 9 years (Dec 2014 - Jan 2024)?

A

Approximately Rs 54,000 crore

189
Q

How did government policy changes impact FDI in insurance?

A

Increased FDI limit from 26% (2014) to 49% (2015) and then to 74% (2021).

190
Q

What was the impact of increased FDI on the number of insurance players?

A

Increased from 53 in 2013-14 to 70 by January 2024.

191
Q

How has insurance penetration changed in India (2013-14 to 2022-23)?

A

Increased slightly from 3.9% to 4%.

192
Q

How has insurance density changed in India (2013-14 to 2022-23)?

A

Increased from US$52 to US$92.

193
Q

How did assets under management in the insurance sector change (2013-14 to 2022-23)?

A

Almost tripled from Rs 21.07 lakh crore to Rs 60.04 lakh crore.

194
Q

How did total insurance premiums change in India (2013-14 to 2022-23)?

A

Doubled from Rs 3.94 lakh crore to Rs 10.4 lakh crore.

195
Q

When was the Indian insurance sector opened to private players?

A

August 2000

196
Q

What was the initial limit on foreign ownership in Indian insurance companies?

197
Q

World Poetry Day?

A

March 21st

198
Q

What is the theme of World Poetry Day 2024?

A

“Standing on the Shoulders of Giants”

CA/PIB/RBI/ESI/FM - MAR'24 (11 decks)

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