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11 January 2020 CA Today Current Affairs

11 January 2020 CA Current Affairs

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Current Affairs English

National

Paperless Licensing Process begining

the Department for Promotion of Industry and Internal Trade (DPIIT) is going to begin a Paperless Licensing Process for Petroleum Road Tankers.

  • DPIIT has planned to begin the process via Petroleum and Explosives Safety Organisation (PESO) under the Petroleum Rules, 2002.
  • The Paperless Licensing Process is a process that will manage online filing of the applications along with fee payments.
  • The applicants will be able to receive its report via email and SMS. On above, the concerned officer will authorise the license ot them and an electronically papers will be sent to the applicant.

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Banking and Economy

National Strategy for Financial Inclusion reports by RBI

Recently, The Reserve Bank of India published its report known as National Strategy for Financial Inclusion (NSFI): 2019-2024. Report shows the path for Financial Inclusion Advisory Committee (FIAC) by RBI.

  • Financial Stability Development Council (FSDC) made its confirmation about report.
  • The National Strategy for Financial Inclusion 2019-2024 prepares for a vision and its key objectives about financial inclusion policies in India.

The report described the following 6 pillars as strategic objectives to get the target of financial inclusion they are :

  • Universal Access to Financial Service’.
  • Providing basic bouquet of financial service’.
  • Access to livelihood and Skill Development’.
  • Financial Literacy and Education’.
  • Customer Protection and Grievance Redressal’.
  • Effective Co-ordination’.
Important information About RBI
Governor :Shaktikant Das
HeadQuarters:Mumbai.
Ecowrap report of SBI, shorts GDP rate at 4.6% for FY 2020

The State Bank of India has published a report named as Ecowrap. report highlights that the GDP rate of india will be at 4.6 per cent in FY2020.

  • In addition, the report estimated that agriculture and allied activities will have 2.8 per cent and 2.5 per cent growth rate respectively in FY2020.
Important information About SBI
Chairperson  :Rajnish Kumar
Founded :1 July 1955
HeadQuarters:Mumbai.

Rankings

State Energy Efficiency Index 2019

The union govt has published State Energy Efficiency Index-2019. in the meeting of Review, Planning and Monitoring (RPM), the index was published in New Delhi.

  • The Bureau of Energy Efficiency (BEE) worked to prepare the index with the help of Energy Efficient Economy (AEEE).
  • The Index highlights about the expansion and achievements of Energy Efficiency (EE) drives of 36 states and UTs across the country.
  • During the preparation of Index, 97 indicators were used to check energy efficiency initiatives and these indicators have five distinct areas such as agriculture, buildings, industry, municipalities, transport and DISCOMs.
  • Haryana, Karnataka and Kerala states topped in The State Energy Efficiency Index 2019. on the other hand, Manipur, Jammu & Kashmir, Jharkhand and Rajasthan remained as worstest states in the country.
  • The Achiever group included Haryana, Karnataka and Kerala.

Obituaries

Oman Sultan Qaboos bin Said died

The Oman Sultan Qaboos bin Said has taken his last breath.

  • Qaboos was a charismatic and visionary leader who worked for transformation to make Oman a modern and prosperous country.
  • In addition, he did ruled Oman since 1970.
Important information About Oman
Capital :Muscat
Currency :Omani Rial.

 

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