Uttar Pradesh State PCS

• 29 Dec 2023

UP Outpaces Gujarat In Registered Investors

Why in News?

According to the CEO of National Stock Exchange (NSE), Uttar Pradesh has taken a lead over Gujarat in terms of the number of registered investors.

Key Points

• With a market capital of around 4.5 trillion dollars, India is the fourth largest market in terms of market capitalization in the world, followed by the US, China, and Japan.
• India’s market capitalisation in relation to its Gross Domestic Product (GDP) has witnessed 10% increase in the current calendar year.
• India has 74% global share in equity derivatives and 61% share across various asset classes.
• States with the highest number of registered investors are Maharashtra, Uttar Pradesh and then Gujarat.

Pandit Madan Mohan Malaviya Birth Anniversary

Why in News?

On the 162^nd birth anniversary of Pandit Madan Mohan Malaviya on 25^th December 2023, the Prime Minister is scheduled to release the first series of the 'Collected Works of Pandit Madan Mohan Malaviya.'

Key Points

• The bilingual (English and Hindi) work features writings, speeches, unpublished letters, and other works of Madan Mohan Malaviya.
• Madan Mohan Malaviya (25^th December 1861 - 2^nd November 1946) was an Indian scholar, politician, and educational reformer.
  • He was a leader in the Indian independence movement and served as president of the Indian National Congress four times. He was also the founder of the Akhil Bharat Hindu Mahasabha and the Banaras Hindu University.