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One Liners of the Day, 08 April 2021

Economy

  • Repo rate - 4 percent.
  • Reverse repo rate - 3.35 percent.
  • The International Monetary Fund (IMF) raised its projection for India's economic growth in the current financial year 2021-22 to - 12.5 percent.
  • The Reserve Bank of India (RBI) will allow ______ a membership in Centralised Payment System, CPS in a phased manner, meaning they will be able to process NEFT and RTGS transactions - Non-banking entities.
  • The Reserve Bank of India (RBI) announced an increase in the maximum end of day balance for payment banks from Rs. 1 lakh to - Rs. 2 lakh.

International

  • _____ hosted a Meeting of BRICS Finance Ministers and Central Bank Governors virtually on 6 April 2021 - India.
  • India has the third -highest number of billionaires in the world after the _____, according to Forbes' 35th annual list of the world's billionaires - US and China.

National

  • ____ hosted the first-of-its-kind online AI summit themed ‘Driving Next Generation of Innovation’ on 07 April & 08 April 2021 - India Electronics and Semiconductor Association (IESA).

Person in News

  • Prime Minister Shri Narendra Modi released the Hindi translation of the book ‘Odisha Itihaas’ written by - ‘Utkal Keshari’ Dr. Harekrushna Mahtab.
  • Asia's richest person - Mukesh Ambani.
  • New Chairman and Managing Director of Small Industries Development Bank of India (SIDBI) - S Ramann.

General Knowledge

  • International Union for Conservation of Nature (IUCN) - Founded: 5 October 1948; Location: Gland, Switzerland.
  • United Nations Environment Programme (UNEP or UN Environment) - Founded: 5 June 1972; Headquarters: Nairobi, Kenya.
  • International Hydrographic Organization (IHO) - Founded: 21 June 1921; Location: Monaco.
  • International Seabed Authority (ISA) - Founded: 16 November 1994; Headquarters: Kingston, Jamaica.
  • International Council for the Exploration of the Sea (ICES) - Established: 22 July 1902; Headquarters: Copenhagen, Denmark.

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