20 Lakh Crore Package Details Part 2 – Finance Minister Announcement

20 Lakh Crore Package Details PDF Part 2: The Special Economic, 20 lakh crore package details is announced by Nirmala Sitaraman. This package is to build the self-reliant India. The complete details about this Rs.20 lakh crore package Details PDF Part 2 are available here. Candidates use this news for current affairs preparation.

Due to COVID-19, entire India is under lockdown for around 50 days. The current lock down is coming to an end on May 17th. The central government will decide on lockdown matter after 17th May. There may be relaxations in the less affected areas. Prior to it, 2 days before, our Prime Minister Modi has announced a special economic package. The worth of Rs.20 lakh crore Package. Finance Minister Nirmala Sitaraman revealed the details of this Rs.20 lakh crore package Details. This package is to raise the economy of India. The concept of this 20 lakh crore package is to make a self-reliant economy in India. Also, candidates can use this news for their exam preparation. This is an important national economic news. So candidates prepare with the Rs. 20 lakh crore package details pdf.

Get More: 20 Lakh Crore Package Details PDF –  Part 1

20 Lakh Crore Package Details Part 2 

Finance Minister announces short term and long-term measures for supporting the poor, including migrants, farmers, tiny businesses and street vendors

20 Lakh Crore Package Details Part 1 | Check Finance Minister Announcement Here

The Special Economic, 20 lakh crore package details is announced by Nirmala Sitaraman. This package is to build the self-reliant India. The complete details about this Rs.20 lakh crore package Details PDF Part 1 are available here. Candidates use this news for current affairs preparation.

Due to COVID-19, entire India is under lockdown for around 50 days. The current lock down is coming to an end on May 17th. The central government will decide on lockdown matter after 17th May. There may be relaxations in the less affected areas. Prior to it, 2 days before, our Prime Minister Modi has announced a special economic package. The worth of Rs.20 lakh crore Package. Finance Minister Nirmala Sitaraman revealed the details of this Rs.20 lakh crore package Details. This package is to raise the economy of India. The concept of this 20 lakh crore package is to make a self-reliant economy in India. Also, candidates can use this news for their exam preparation. This is an important national economic news. So candidates prepare with the Rs. 20 lakh crore package details pdf.

Aatmanirbhar Bharat Abhiyan:

This self reliant planned, special economic package is named as Atmanirbhar Bharat Abhiyan. The 5 main pillars of this self reliant India package are,

• Economy
• Infrastructure
• Demography
• Demand
• System

All these 5 pillars will be strengthened with this special economic package of Rs.20 lakh crore. As per this economic package details, funds are allocated for various sectors and plans that benefit common people. So refer all the details here.

Current Affairs Today 16th May 2020| Current Affairs News

CURRENT AFFAIRS: DAYS

Armed Forces Day (Third Saturday of the May)

• Armed Forces Day is celebrated on the third Saturday of every May. This year it falls on May 16th.
• This day is celebrated to pay tribute to the men and women who served the United States Armed Forces.

CURRENT AFFAIRS: NATIONAL

MHRD develops SAMARTH Enterprises Resource Planning to provide quality education

• Department of Higher Education, M/o Human Resource Development, has a mission to provide quality education to students across all Universities & HEIs. For this, M/o HRD has developed an e-Governance platform, SAMARTH(Enterprises Resource Planning) ERP, under the National Mission of Education in Information and Communication Technology Scheme (NMEICT).
• ERP, SAMARTH, is an Open Standard Open Source Architecture, Secure, Scalable and Evolutionary Process Automation Engine for Universities and Higher Educational Institutions. It caters to faculty, students and staff at a University/Higher Educational Institutions.
• Now, the ERP, SAMARTH, has been implemented at National Institute of Technology, Kurukshetra, a participating unit under the World Bank-supported Technical Education Quality Improvement Program (TEQIP). The objective of this initiative is to automate the processes of the Institute.

Adjusted Net Bank Credit (ANBC): Definition & Computation of ANBC

Adjusted Net Bank Credit: Adjusted Net Bank Credit is a term used to target various sectors under Priority Sector Lending. The targets and sub-targets under priority sector lending are linked to Adjusted Net Bank Credit (ANBC). Domestic commercial banks have to set a target of 40% of the ANBC for the advances to priority sector lending while foreign banks have to set a target of 32% for the same. ANBC comprised of the total credit forwarded by the banks together with other investments made by it. Total credit includes Loans forwarded by banks, overdrafts forwarded by banks to the customers etc.

ANBC = Loans + Investments

Computation of Adjusted Net Bank Credit

Bank Credit in India (As prescribed in item No.VI of Form ‘A’ (Special Return as on March 31st) under Section 42 (2) of the RBI Act, 1934.	I
Bills Rediscounted with RBI and other approved Financial Institutions	II
Net Bank Credit (NBC)	III
Bands/Debentures in Non-SLR categories under HTM category + other investments eligible to be treated as priority sector + Outstanding deposits under RIDF and other eligible funds with NABARD, NHM, SIDBI & MUDRA limited on account of Priority Sector Shortfall + outstanding PSLCs	IV
Eligible amount for exemptions on the issuance of long-term bonds for infrastructure and affordable housing as per circular DBOD.BP.BC No.25/08.12.2014/2015 dated July 15, 2015	V
Eligible advances extended in India against the incremental FCNR (B)/NRE deposits, qualifying for exemption from CRR/SLR requirements	VI

 

Chief Ministers In India 2020: List of Chief Ministers In India PDF

Chief Ministers of Indian States 2020:

Every year, the demand for all the competitive exams are increasing in a rapid rate. The aspirants have to prepare with no stones left unturned. Especially candidates have to work hard for the current affairs and general awareness topics. In that section, candidates have to prepare many topics such as current affairs, static GK, appointments, awards, sports news, economy, etc. In each topic you may get one or two questions. so you have to make a thorough preparation for all topics. If you are thorough with all the chief ministers in India, you can answer easily. likewise you have to work hard for all the topics to score marks. Only hard work will gain you marks in current affairs section.

In India, there are totally 28 states and 8 union Territories. In this, states will have a separate Chief minister. The union territories are directly headed by the Central government. But there is exception for it. Only 3 union territories are having separate chief ministers. They are Puducherry, Delhi, and Jammu & Kashmir. As of now the Jammu & Kashmir is vacant without CM.

Telegram Channel

Selection of Chief Ministers:

West Bengal Police Constable Result 2020: Result & Interview Schedule Details

West Bengal Police Constable result 2020: West Bengal Police Constable (Male) has  Released!!! Direct link available here to check West Bengal Police Constable result. Candidates who have applied and appeared for the written exam held on 16-02-2020 shall check your West Bengal Police Constable result Now.

West Bengal Police has announced the notification for the engagement of Constable Male posts. Consequently, West Bengal Police use to announce recruitment to engage a lot of candidates for various posts. Similarly, this year too they had announced West Bengal Police Constable vacancies. The selection process is based on the written exam & interview. The written exam was conducted on 16-02-2020.

The  West Bengal Police result of Final Written Examination against the post of Constables in West Bengal Police – 2019 has released @ wbpolice.gov.in. To get the personalized result on the website, candidates are advised to search by keying-in their Application Sl. No. and Date of Birth with a selection of his permanent district/state. The shortlisted candidates will have to appear for the Interview which would commence on withdrawal of complete lockdown imposed due to containment of COVID – 19.

West Bengal Police Constable result 2020

S.No	Details	Link
1	West Bengal Police Constable result 2020	Click Here

What Is The Growth Rate Of India In 2020? | Check GDP Projections Here

What is the growth rate of India in 2020? This is the most expected questions among the economists. Due to COVID-19, the economy of all countries have taken a huge dip. There are various projections for India’s GDP growth rate in 2020 and further years.

The prediction of GDP by various world agencies is an important current affairs topic. The candidates preparing for the various competitive exams can expect these questions in general awareness section. So candidates should be thorough with the economic growth rate of India in 2020 and various time period. Also we have added the projections by various agencies about India’s GDP growth rate in 2020. Use this for your exam preparation.

What is GDP?

The full form of GDP is Gross Domestic Product. The GDP is the total value of all the goods and services produced within the country. The value of GDP determines the economic stability and growth of the country. The Central Statistics Office (CSO) calculates the GDP of India. The CSO comes under the ministry of Statistics and Programme implementation.

The GDP of India is calculated annually for every fiscal year. The fiscal year starts at the 1st of April and ends at the March 31st of the next year. Thus the GDP is calculated for the period of 12 months. In between, the GDP value of India is calculated for each quarter. One quarter period is equal to 3 months. Thus, in a fiscal year there are 4 quarters in total. Here we have updated the predictions for the GDP growth rate of India in 2020 and further years.

GDP of India: