DAIL GK 31 MAR
1.
SEBI LAUNCHED BETA VERSION OF T+0
TRADE SETTLEMENT
·
Securities and Exchange Board of India (SEBI)
launched the beta version of T+0 rolling settlement cycle (same-day
transaction settlement) on an optional basis in addition to the
existing T+1 settlement cycle in equity cash market.
·
The provisions of T+0 came into effect
from March 28, 2024.
·
This allows same-day settlement of stock
trades, instead of one-day settlement period (T+1) i.e. waiting for a day for
the trade to settle and funds/stocks to be delivered.
·
The National Stock Exchange of India (NSE)
has approved a reduction of overall transaction charges across cash
equity and equity derivatives segments by 1% starting April 1, 2024.
·
This decision is estimated to impact NSE’s
revenue by approximately Rs 130 crore per annum.
·
SEBI Chairperson–
Madhabi Puri Buch
·
Headquarters–
Mumbai, Maharashtra
·
Establishment-
1992
2.
RBI DATA: CREDIT CARDS SURPASSED THE
100 MILLION MARK IN INDIA
·
As per the Reserve Bank of India (RBI)
latest data, the total number of credit cards issued by
banks in India breached the 100 million mark in February 2024.
·
Data revealed that till February 2024, the
total number of credit cards in circulation was 100.6 million.
·
HDFC Bank,
the largest private bank in India, leads in the number of credit card issuances
with 20.40 million credit cards in circulation, followed by SBI (State
Bank of India) with 18.75 million credit cards, ICICI Bank
with 16.84 million, and Axis Bank with 13.90 million cards.
·
Overall credit card spending among Indians
has slightly decreased from Rs 1.66 trillion (in January 2024) to Rs
1.49 trillion ( in February 2024).
·
E-commerce payments decreased
from Rs 1.08 trillion to Rs 0.95 trillion.
·
The PoS transactions decreased
from Rs 58,531.77 crore in January 2024 to Rs 54,431.48 crore in February 2024.
3.
RUSSIA& UAETOP IMPORTERS OF
INDIAN ENGINEERING GOODS
·
According to Engineering Export Promotion
Council (EEPC) of India India’s engineering goods exports surged during
April-February 2023-24.
·
Russia,
The United Arab Emirates (UAE), and Saudi Arabia are
among the top importers of Indian Engineering Goods .
·
The engineering segment experienced a
modest growth of 1.23%, amounting to
USD 98.03 billion.
·
However, overall goods exports in
April-February 2023-24 contracted 3.45% (Y-o-Y) to USD 394.99 billion.
·
EEPC India is sponsored by the Ministry of
Commerce & Industry, Government of India.
·
Exports to Russia saw 99% increase
to USD 1.22 billion.
4.
INDIA’S FIRST ASI PERFORMANCE
STANDARD CERTIFICATION
·
The Bharat Aluminium Company Limited (BALCO),
a unit of Vedanta Aluminium, has emerged as the first company in
India to obtain the Aluminium Stewardship Initiative (ASI)Performance
Standard V3 Certification for the production and distribution
of a broad range of primary aluminum products at its Korba facility,
Chhattisgarh.
5.
NATIONAL PRESIDENT OF FICCI LADIES
ORGANISATION
·
Joyshree Das Verma took
over as the 41st National President of the Federation of
Indian Chamber of Commerce & Industry (FICCI) Ladies Organisation (FLO)
for the year 2024-2025.
·
The theme
for her tenure 2024-25, is “Collective Vision, Collaborative Action.”
FLO, the women wing of FICCI, is the oldest women-led and women-centric
business chamber in Southeast Asia.
6.
PRESIDENT OF SENEGAL
·
Bassirou Diomaye
Diakhar Faye was elected president of Senegal after winning the election
that was held on March 24, 2024.
·
Faye became the 5th president of
Senegal with 54.28% of the votes in the presidential election, while former
Prime Minister Amadou Ba came in second with 35.79%.
·
He also became Senegal’s
and Africa’s youngest elected president at the age of 44.
·
He was the first opposition candidate to
win the presidential election since Senegal’s independence from France in 1960.
·
Senegal Capital –
Dakar
·
Currency –
West African CFA franc (XOF)
7.
INTERNATIONAL DAY OF ZERO WASTE 2024
– MARCH 30
·
The United Nations(UN)’s International Day
of Zero Waste is annually observed across the globe on 30th March to highlight
the importance of bolstering waste management and promoting sustainable consumption
and production patterns.
·
UNEP is the primary environmental
authority in the UN System.
·
Headquarters–
Nairobi, Kenya
·
Member States–
193 Member States
