PIB Corner

First ‘International Day of Banks’

  • The United Nations (UN) celebrated the first ever International Day of Banks across the globe on 4th December 2020.
  • The UN General Assembly (UNGA) adopted the resolution on 19th December 2019.
  • The day is observed to recognise the important potential of multilateral development banks and other international development banks in financing sustainable development.
  • This reaffirms the importance of achieving the targets of Sustainable Development Goals (SDG) by 2030.

Initiatives towards Controlling GST Frauds

  • Various measures have been taken by the GST Council Secretariat towards the rising menace of GST fake invoice frauds.
    • Mandatory Physical Verification:The government has ....
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