DAILY GK 7-8 APRIL
1.
IFFCO
& ACME SIGNED MOU TO BOOST SUSTAINABILITY IN AGRICULTURE
·
The Indian Farmers Fertiliser
Cooperative Limited (IFFCO), the world’s
largest fertilizer cooperative, has signed a Memorandum of Understanding (MoU) with ACME Cleantech Solutions
Private Limited (ACME) for
the purchase and supply of about 200,000
Metric Ton (MT) of ammonia produced using renewable energy.
·
ACME
is India’s leading renewable energy company specialising in
developing renewable energy projects, including green hydrogen and ammonia
plants.
·
As per the MoU, the ammonia will be produced using a renewable energy source at ACME’s
facility in Gopalpur, Odisha.
2.
NEW
GI TAG
·
The Chennai (Tamil Nadu)-headquartered
Geographical Indications Registry under the Department for Promotion of
Industry and Internal Trade (DPIIT), the Ministry of Commerce and Industry
awarded geographical indication (GI) tags to MirajTanpura and Miraj Sitar of Maharashtra and BundelkhandKathiyaGehu (Wheat)
of Uttar Pradesh (UP).
3.
RBI’S 1ST BI-MONTHLY
MONETARY POLICY OF FY25
·
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) met on
April 3-5, 2024, and released 1st Bi-monthly
Monetary Policy of FY25 i.e. ‘Monetary Policy Statement, 2024-25
Resolution of the MPC‘ which kept India’s real Gross
Domestic Product (GDP) growth at 7% for
FY25 (2024-25)
·
Consumer
Price Index (CPI) inflation or retail inflation is
projected at 4.5% (unchanged
vis-a-vis February 2024 projection) for FY25
·
India’s Foreign Exchange (Forex) Reserves hit a new high for the third
consecutive week, reaching USD 645.58 billion by the end of the week on March 29, 2024, as per RBI data.
·
Section
45ZB of the amended RBI Act, 1934 provides for an
empowered six-member Monetary Policy Committee (MPC) to be constituted by the
Central Government by notification in the Official Gazette.
4.
RBI
CANCELS COR OF 4 NBFC
·
The Reserve Bank of India(RBI) has cancelled the Certificate of Registration(CoR) of Four Non-Banking
Financial Companies (NBFCs) in the exercise of powers conferred
on it under Section 45-IA (6) of the RBI Act, 1934.
·
Kundles
Motor Finance Private Limited (Bareilly, Uttar
Pradesh-UP)
·
Nithya
Finance Limited (Coimbatore, Tamil Nadu-TN)
·
Bhatia
Hire Purchase Private Limited (Bathinda, Punjab)
·
Jiwanjyoti
Deposits and Advances Limited (Hamirpur, Himachal Pradesh)
5.
RBI
IMPOSES PENALTY ON IDFC FIRST BANK & LIC HOUSING FINANCE
·
RBI has imposed a monetary penalty of Rs 1 crore on IDFC First Bank Limited fornon-compliance with certain directions
issued by RBI on ‘Loans and Advances –
Statutory and Other Restrictions’.
·
RBI has imposed a monetary penalty of Rs 49.70 lakhs on LIC Housing Finance Limited
for non-compliance with certain provisions
of ‘Non-Banking Financial Company – Housing Finance Company (Reserve
Bank) Directions, 2021’.
·
IDFC
First Bank Limited Headquarters- Mumbai,
Maharashtra
6.
SEBI
GETS ISO/IEC 27001:2022 CERTIFICATION
·
The Securities and Exchange Board of
India (SEBI) has received the
International Organization for Standardization/International Electrotechnical
Commission(ISO/IEC) 27001:2022 certification for its Information Security Management System(ISMS) at the Primary Data Centre,Disaster Recovery site, and Security
Operations Control (SOC) and Network
Operations Control (NOC) Operations.
·
Sebi received this certification
following an audit by the certification
body under the accreditation of the National
Accreditation Board for Certification Bodies (NABCB), a member of the
International Accreditation Forum(IAF).
·
ISO/IEC
27001 is an international standard for ISMS which defines the specification for an effective ISMS
and offers guidance to establish, implement, maintain and continously
improve an ISMS to organisations of all size and across all sectors.
·
ISO
is
an independent non-governmental organisation comprised of members from 170
countries’ national standards bodies.
·
Headquarters –
Geneva, Switzerland
7.
VISHWAKARMA AWARDS
2024
·
SJVN
Limited,
a hydroelectric power generation company,
received the Achievement Award for
Creating Social Development and Impact at the 15th CIDC Vishwakarma Awards (VKA)
(2024) instituted by the Construction Industry Development
Council(CIDC).
·
The
CIDC Vishwakarma Awards recognises organisations and
individuals contributing to national growth and SJVN Ltd is a Joint Venture
(JV) of the Government of India (GoI) and
the Government of Himachal Pradesh
(GoHP).
8.
CHAIRMAN
OF NCDFI
·
Chairman
and Managing Director (CMD) of the National
Dairy Development Board (NDDB), Dr. MeeneshkumarChampaklal
Shah has been unanimously elected as the Chairman of the National
Cooperative Dairy Federation of India Ltd. (NCDFI)
·
The
Ministry of Cooperation oversees the National Cooperative
Dairy Federation of India Ltd.
·
In 1984, it started functioning as the apex body of the cooperative dairy
industry.
