Union Finance Minister  Nirmala Sithamraman  has announced the merger of ten public sector banks into four major PSBs.  After the merger, the total number of public sector banks in India will come down to 12 from 27 in 2017 . This major policy announcement is initiat…

What is the  Motor Vehicles (Amendment) Act, 2019 ? The  Motor Vehicles (Amendment) Act, 2019  was given assent by the  Indian President  on  9th August 2019 , after getting approval from the 2 houses i.e. the Lok Sabha and the Rajya Sabha. This act was intro…

Key Highlights of Economic Survey 2018-19 Guided by the dictum of  "blue-sky thinking", the Economic Survey  underscored the ambitious agenda of applying principles of behavioural economics to achieve  8 percent  of sustained  GDP growth to make India…

Union Budget 2019-20 The highlights of Union Budget 2019  is very significant from the examination point of view.  Questions from Union Budget  are being asked in the  General/Economy/Financial awareness section  of almost all the examinations from the past cou…

The  Reserve Bank of India (RBI)  has divested its entire stake held in National Housing Bank ( NHB ), the regulator for housing finance companies, and National Bank for Agriculture and Rural Development ( Nabard ) to the government, which now holds  100%  in the…

Study Notes are really essential and effective while preparing for any competitive exam. We all have been making and studying through study notes since our childhood. Its one of the most important steps of preparation and a very effective tool for last minute revisio…