FS Cloud Lecture Key Features and Updates

Nov 5, 2024

FS Cloud Lecture Notes

Introduction

  • Lecturer: Shash
  • Platform: Careers Cloud App (available on Play Store)
  • Key Features:
    • Login with Gmail ID
    • Features include Home, All Courses, My Courses, and Downloads

Content and Features

  • Daily Content: PDFs in English and Hindi for current affairs
  • Banking Awareness: Monthly PDFs covering banking and finance news
  • Exam Focus:
    • Important news PDFs
    • PDFs for SB PO, RRB, RBI exams
  • Special Sections:
    • Union budget, economic surveys, national and international events

Quizzes and State Affairs

  • Topic-wise Quizzes
  • State Current Affairs: Daily, weekly, and monthly PDFs in Q&A format
    • Special focus for state-level exams (e.g., Tamil Nadu)

Current Affairs and Categories

  • National Affairs: Government schemes, international affairs
  • Banking and Finance: Economy, businesses, M&&A, committees, meetings

Banking and Finance Updates

  • Weekly Videos: Banking and finance news (uploaded every Monday)

Key News Updates

RBI Census on FDI

  • Largest FDI source: USA, followed by Mauritius, Singapore, UK
  • FDI increased by 23% (FY 2024)
    • 97% of reporting entities unlisted
    • Majority subsidiaries of foreign companies

IMF GDP Forecast

  • GDP: 7% (FY 2025), 6.5% (FY 2026)
  • Global Growth: 3.2% (FY 2025)
  • Inflation Projections
    • Global headline inflation: 5.8% (2024), 4.3% (2025)
    • India: 4.4% (FY 2025), 4.1% (FY 2026)

Global Debt Outlook

  • Public debt to reach 100 trillion (93% of GDP by 2024)
  • USA and China as main drivers

NDS Order Matching

  • Government securities trading system
  • Expanded access for regulated entities

India's Digital Payments (Worldline Report)

  • UPI transactions rose by 52%
  • Card circulation growth: 11%
  • Major UPI players: PhonePe, Google Pay, Paytm

New Initiatives and Products

Static Banking Awareness Course

  • Useful for banking and regulatory exams
  • Dynamic content updates

Ujjivan Small Finance Bank

  • RBI approval for foreign exchange services

Piramal Payment Service

  • PPI service "Piramal Pay"

Miscellaneous

Incart Global

  • BATF license at Gujarat International Finance Tec-City

Citigroup and Mastercard Partnership

  • 24/7 cross-border debit payments

IOB IOBI Mahila Shakthi Scheme

  • Empowerment of women SHGs through loans

Bank of Baroda "Baroda Tiranga Plus Deposit Scheme"

  • Interest rates differ for general, senior, and super senior citizens

IRDA and IFRS

  • Timeline extension for IFRS implementation (till FY 2027)

RBI Governor Recognition

  • Shaktikanta Das received A+ grade in Central Bank Report Cards 2024

Assam and ADB Project

  • Restoring wetlands via "SWIFT", a 796 crore project

Contact Information

  • Telegram: Affair Cloud Official
  • Instagram and contact number for course inquiries