DAILY GK 31 DEC
1.
MAHARASHTRA
TOPS WITH HIGHEST NUMBER OF REGISTERED INVESTORS
●
According to recent
data from the National Stock Exchange (NSE), Maharashtra tops the list of states with the highest number of registered investors.
●
Uttar
Pradesh (UP), with 89.47 lakh investors, has
surpassed Gujarat (76.68 lakh) and secured the 2nd position on the list.
●
Bihar,
Uttar Pradesh and Madhya Pradesh have recorded the highest growth
among large states with a rise of 36.6%, 33.8%, and 28.9%, respectively.
●
For the first time, the market capitalisation of listed
companies on the NSE has surpassed the USD 4 trillion (Rs 334.72 trillion)
mark.
●
At present, India is ranked 4th in the world in terms of market capitalisation, following the United States of America(USA),
China and Japan.
●
NSE
is now ranked as 3rd largest exchange in the world
based on number of trades in the cash market segment. NSE accounts for a 10.8%
share globally.
2.
NTPS-“ONE
NATION-ONE PASS”
●
Union Minister
Bhupender Yadav, Ministry of Environment, Forest and Climate Change
(MoEF&CC) launched the National
Transit Pass System (NTPS), envisioned as a One National One Pass system, will enable seamless transportation of
timber, bamboo, and other forest produce across India.
●
At present,
state-specific transit rules govern the issuance of transit permits(TP) of
timber and forest produce; NTPS will replace this with a uniform, pan-India
approach.
3.
INTEREST
RATE ON SMALL SAVING SCHEMES FOR Q4FY24
●
Department of Economic
Affairs-DEA (Budget Division), Ministry of Finance released the interest rates for Small Savings Schemes
applicable in the January-March 2024 quarter (Q4FY24) i.e. from January 1, 2024 to March 31, 2024.
●
As per it, the interest
rate on the SukanyaSamriddhi Account
Scheme (SSAS) increased by 20 basis points from 8% to 8.2% for Q424.
●
The interest rate on three-year time deposits also increased
by 10 basis points from 7% to 7.1%.
●
The
interest rates for all other small savings schemes will remain unchanged
from the rates offered in Q3FY24 (October-December 2023).
4.
RBI
EXTENDS PAYMENTS INFRASTRUCTURE DEVELOPMENT FUND SCHEME TILL 2025
●
The Reserve Bank of
India (RBI) has revised the Payments
Infrastructure Development Fund (PIDF) scheme and extended the deadline by
two years, i.e., upto December 31, 2025.
●
The PIDF scheme has
been enhanced to increase the scope of beneficiaries and acceptance
infrastructure
●
PIDF scheme was
introduced by RBI in 2021 for a period of 3 years (until December 2023).
●
The scheme aims to
encourage deployment of payment
acceptance infrastructure such as physical Point of Sale (PoS) terminals, Quick
Response (QR) codes by adding 30 lakh touch points every year..
5.
INDIA’S
INSURANCE PENETRATION DROPS TO 4% IN 2022-23
●
According to the
Insurance Regulatory and Development
Authority of India (IRDAI)’s Annual Report 2022-23, the overall insurance
penetration in India reduced from 4.2%
in 2021-22 to 4% in 2022-23.
●
Life
insurance penetration has reduced marginally
from 3.2% in 2021-22 to 3% in
2022-23 while non-insurance penetration
remained unchanged at 1%.
●
Premium
income of life insurance companies rose by 12.98% to Rs 7.83 lakh crore in FY23
while the premium income of general insurers increased by 16.4 per cent to Rs
2.57 lakh crore.
●
IRDAI
Chairperson– Debasish Panda
●
Headquarters– Hyderabad,
Telangana
6.
RBI
CANCELS LICENCE OF GUJRAT CO-OPERATIVE BANK MAHARASHTRA’S SAHAKARI BANK
●
Reserve Bank of India
(RBI) has cancelled the banking license of TheBotad
Peoples Co-operative Bank Ltd., Botad, Gujaratbut granted the non-banking institution licence.
●
It also cancelled the license of AdarshMahilaNagariSahakari Bank Maryadit,
Aurangabad, Maharashtra.
●
Depositors receive a
deposit insurance claim, up to Rs 5,00,000 (monetary ceiling), upon
liquidation, subject to Deposit
Insurance and Credit Guarantee Corporation (DICGC) Act, 1961.
●
Reason
behind Cancellation: i.Inadequate capital
and earning prospects,Non-compliance with Banking Regulation Act, 1949.
7.
SEVENTH
FERRY CRAFT ‘MANJULA‘ (YARD 786) DELIVERED TO INDIAN NAVY
●
Kolkata (West Bengal)
based The Shalimar Works (1980) Limited has delivered the seventh 250 Men Ferry
Craft ‘Manjula’ (Yard 786) to the
Indian Navy (IN).
●
Manjula(Yard
786) Ferry Craft was built under the ‘Make in
India’ initiative of the Ministry of Defence (MoD) with all major and auxiliary
equipment or systems sourced from indigenous manufacturers.
