President Ram Nath Kovind has greeted the people of Sikkim on their statehood day. It was on 16th May 1975 that Sikkim officially merged with the Indian union and became the 22nd state of the country.
Which organization launched a pilot scheme for fintech NBFC?
None of these
Small Industries Development Bank of India (SIDBI) launched a pilot scheme to extend financial assistance of up to Rs 10 crore to new-age fintech non-banking finance companies (NBFCs) engaged in financing small businesses and other income-generating activities. SIDBI set the exposure cap for lending to a single new-age fintech NBFC at 30% of NOF of the new-age fintech NBFC, subject to maximum cap of Rs 10 crore.
Who has been appointed as new chairman of ITC?
Sanjiv Puri is appointed as the chairman of ITC. He became the Chairman and Managing Director (CMD) of ITC. He was appointed as a Managing Director of ITC in 2018 and Chief Executive Officer (CEO) in February 2017.
Who becomes the 1st woman to cross the Atlantic Ocean solo in a LSA?
Captain Aarohi Pandit, a 23-year-old pilot, from Mumbai became the world's first woman to cross the Atlantic Ocean solo in a Light Sports Aircraft (LSA) on 14th May. This achievement is part of her ongoing Women Empower (WE) Expedition in the tiny aircraft called Mahi. This one year-long global circumnavigation flight was launched with her friend Captain Keithair Misquitta on July 30 and both began their trip in August 2018.
Which country host the 2023 Asian Cup Football tournament?
China has become the sole contender to host Asian Cup Football tournament in 2023 after South Korea has announced to withdraw its bid to host the game. The Korea Football Association (KFA) announced that it had pulled out to strategically focus on a joint bid with North Korea to host the Women’s World Cup in the same year.
Who scales the Mt. Everest for 23rd Times?
Babu Chiri Sherpa
Nepalese Sherpa climber Kami Rita has scaled Mount Everest for a 23rd time, breaking his own record for the most successful ascents of the world’s highest peak. He first scaled Everest in 1994. He has also scaled several other peaks that are among the world’s highest, including K-2, Cho-Oyu, Manaslu, and Lhotse.
Which of the following bank collaborated with IMGC for a mortgage guarantee-backed home loan?
HDFC Bank collaborated with IMGC (India Mortgage Guarantee Corporation) for a mortgage guarantee-backed home loan. Mortgage guarantee is a financial product which compensates lending institutions for the losses that may occur when a home owner defaults on a mortgage loan. In ‘mortgage guarantee’, the risk of the home loan gets transmuted from the bank/FIs (financial institution) to the mortgage guarantee company.
NABARD announces how much venture capital fund for Agriculture, Rural Startups?
The National Bank for Agriculture and Rural Development (NABARD) announced Rs 700-crore venture capital fund for equity investments in agriculture and rural-focused startups. NABARD has been contributing to other funds till now and this is the first time that the rural development bank has launched a fund of its own.