At the recent 47th G7 summit, the G7 (Group of Seven) Countries proposed a 'Build Back Better World (B3W) initiative to counter China's Belt and Road Initiative (BRI).
As a means of cleaning up bank books, Bad Bank was established for stressed assets. The establishment of a bad bank was announced in the Union Budget. It is known as the National Asset Reconstruction Company Limited (NARCL).
Former India and Mohun Bagan shot-stopper Shibaji Banerjee, who famously denied Brazil's legendary football player Pele from scoring a goal in an exhibition match in 1977, will be conferred with Mohun Bagan Ratna posthumously.
EXAMIANS