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📝 Revision Notes
Key takeaways from today’s quiz to strengthen your preparation
Infrastructure Finance
Raajmarg InvIT Approval
SEBI granted in-principle approval to Raajmarg Infra Investment Trust (RIIT) as an InvIT to boost NHAI’s asset monetization and create a high-quality, long-term investment instrument for domestic and retail investors in highway infrastructure.
Digital Payments
India-Cambodia Payment Integration
The MoU between NPCI International Payments Limited (NIPL) and ACLEDA Bank Plc. enables QR-based cross-border payments between India and Cambodia, promoting regional payment interoperability and supporting ASEAN’s digital economy vision.
Agriculture Finance
FPO Shakti Initiative
‘FPO Shakti’ launched by Vrutti with HSBC India is a stage-based, blended financing model designed to help Farmer Producer Organisations (FPOs) access capital and overcome the financing gap beyond early incubation stage.
Transportation
Bharat Taxi Cooperative Model
Bharat Taxi operates under Sahakar Taxi Cooperative Limited with a cooperative ownership framework where drivers (“Saarthis”) are stakeholders. It features a Zero-Commission model, allowing drivers to retain 100% of the fare.
Technology & AI
AI Conference Shillong Theme
The Regional AI Impact Conference 2025 in Shillong focused on People, Planet and Progress, aligning with the government’s objective of making AI accessible and impactful across India, including remote regions, under the IndiaAI Mission.
Banking Leadership
Bank of America CEO Appointment
RBI approved Vikram Sahu as CEO of Bank of America N.A. (BANA) in India for a three-year term. This follows his experience at Goldman Sachs and marks a significant leadership transition in foreign banking operations.
Digital Governance
Paperless Passport Verification
The MEITY-MEA DigiLocker integration enables citizens to access and share Passport Verification Records (PVRs) digitally as issued documents, ensuring paperless, contactless, and secure passport verification processes.
Telecom Infrastructure
RailTel-Nokia Network Upgrade
RailTel and Nokia partnered to modernize National Long-Distance (NLD) and metro optical transport networks using Nokia’s IP routing and optical technologies, including DWDM, 7750 SR, BNG, CG-NAT and 1830 PSS.
Defence Manufacturing
Indian Defence PSUs in SIPRI Top 100
Three Indian PSUs feature in SIPRI’s Top 100 Arms-Producing Companies: Hindustan Aeronautics Limited (HAL) – Rank 44, Bharat Electronics Limited (BEL) – Rank 58, and Mazagon Dock Shipbuilders (MDL) – Rank 91.
5G Innovation
Airtel-Nokia Network as Code
The Nokia-Bharti Airtel partnership enables Airtel to expose its pan-India network capabilities to developers through Nokia’s Network as Code platform, using a developer portal and subscription-based access to network APIs for third-party innovation.
🎴 Revision Flashcards
Click each card to flip and test your recall
Tap to Reveal
What is the purpose of RIIT as an InvIT?
NHAI asset monetization for retail investors
SEBI in-principle approval for highways
Tap to Reveal
What does NIPL-ACLEDA Bank MoU enable?
QR-based cross-border payments India-Cambodia
Regional payment interoperability
Tap to Reveal
What gap does FPO Shakti address?
Financing gap for FPOs beyond incubation
Vrutti-HSBC blended financing model
Tap to Reveal
What makes Bharat Taxi different?
Cooperative model, drivers retain 100% fare
Zero-Commission, drivers are owners
Tap to Reveal
What was Shillong AI Conference theme?
People, Planet and Progress
Regional AI Impact Conference 2025
Tap to Reveal
Who is the new CEO of Bank of America India?
Vikram Sahu
RBI approved for three-year term
Tap to Reveal
What is HAL’s rank in SIPRI Top 100?
Rank 44
BEL: 58, MDL: 91
Tap to Reveal
What does Nokia-Airtel Network as Code enable?
Third-party developers access network APIs
Subscription-based innovation platform
Think & Discuss
Cooperative Economy: Viable Alternative or Idealistic Experiment?
Context from today’s quiz: Bharat Taxi operates under a cooperative ownership framework where drivers (“Saarthis”) are stakeholders and decision-makers, featuring a Zero-Commission model that allows drivers to retain 100% of the fare. This contrasts sharply with platforms like Uber and Ola that take significant commissions from drivers.
🤔 Your Perspective Matters
Cooperative models promise worker empowerment, equitable profit distribution, and democratic decision-making. Proponents argue that cooperatives can challenge exploitative platform capitalism by giving workers ownership and eliminating middleman extraction. However, skeptics point to challenges: cooperatives often struggle with access to capital, face difficulty competing with well-funded corporations, lack professional management expertise, and may suffer from decision-making inefficiencies due to democratic processes.
Can cooperative models like Bharat Taxi successfully compete with well-capitalized platform companies, or are they destined to remain niche alternatives serving specific markets without achieving scale?
Can cooperative models like Bharat Taxi successfully compete with well-capitalized platform companies, or are they destined to remain niche alternatives serving specific markets without achieving scale?
- What structural support—regulatory preferences, tax benefits, or preferential licensing—would cooperatives need to compete fairly with venture-capital-backed platforms?
- How can cooperatives balance democratic worker control with the need for quick, strategic decision-making required in competitive markets?
- Are consumers willing to prioritize ethical considerations (fair wages for drivers) over convenience factors like app quality, availability, and pricing when choosing ride-hailing services?
We’d love to hear your thoughts! Share your perspective in the comments.
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