Daily Current Affairs – Bank

Correct answer: A) India
Notes: India recently hosted the G20 Finance Ministers and Central Bank Governors Meeting in New Delhi. The meeting focused on global economic issues, including inflation control, sustainable development, and international financial stability. India emphasized the importance of collaborative efforts to tackle economic challenges and highlighted its own initiatives to boost economic growth and financial inclusion. The event underscored India’s growing influence in global economic affairs and its commitment to fostering international cooperation.

Correct answer: D) Himachal Pradesh
Notes: Himachal Pradesh announced a new agricultural policy to promote organic farming across the state. The policy aims to reduce the use of chemical fertilizers and pesticides, enhancing soil health and producing healthier crops. It includes subsidies for organic inputs, training programs for farmers, and certification support. This initiative is expected to boost the state’s agricultural productivity sustainably, improve the income of farmers, and cater to the growing demand for organic products both domestically and internationally.

Correct answer: B) Microsoft
Notes: Microsoft has opened a new AI research center in Bengaluru, India. The center aims to advance AI innovations in areas such as healthcare, agriculture, and education. Microsoft’s investment in the Indian market underscores the country’s potential as a global hub for technology and innovation. The research center will collaborate with local universities, startups, and government bodies to develop AI solutions tailored to India’s unique challenges and opportunities, fostering technological growth and creating job opportunities in the region.

Correct answer: C) Bank of Baroda
Notes: Bank of Baroda launched its “Bank on Wheels” initiative to provide banking services in remote and rural areas. This mobile banking facility aims to bring essential banking services to the doorsteps of people in underserved regions, improving financial inclusion. The service includes cash withdrawals, deposits, account opening, and other banking transactions. This initiative is part of the bank’s broader strategy to enhance customer reach and provide convenient banking solutions, especially in areas with limited access to traditional bank branches.

Correct answer: C) Asian Development Bank
Notes: The Asian Development Bank (ADB) signed an agreement with India to support sustainable urban development projects. The agreement focuses on funding infrastructure projects that promote green and sustainable urbanization, including water supply, sanitation, and urban transport. This collaboration aims to improve the quality of life in urban areas, address environmental challenges, and promote economic growth. The partnership reflects ADB’s commitment to supporting India’s urban development goals and fostering sustainable cities that can accommodate the country’s rapidly growing urban population.