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).
International Chess Day is celebrated on 20 July, since 1966. International Chess Day celebrates one of the most ancient and most popular games in history.
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