Page-36 of Finance
GK for Bank PO & Bank Clerical Recruitment Tests
1. Which among the following organization has been conducting surveys of the strength of financial markets of various countries and ranks them accordingly in its flagship annual “Financial Development Report”? [A]G-20 [B]UNCTAD [C]World Economic Forum [D]World Bank World Economic Forum ..
Achievements of the Indian Banking System
Strong Fundamentals: The IBA-FICCI-BCG Report (August 2011), says that India’s Gross Domestic Product (GDP) growth will make the Indian banking industry the third largest in asset size in the world by 2025′. This report gives a very hopeful picture of ..
Month: Current Affairs - February, 2012
Current Monetary Policy of Reserve Bank of India: 3rd Quarter Review 2011-12
Background: The Reserve Bank began exiting from the crisis driven expansionary policy in October 2009. Between January 2010 and October 2011, the Reserve Bank cumulatively raised the cash reserve ratio (CRR) by 100 basis points and the policy rate (the ..
Month: Current Affairs - February, 2012
Shyamala Gopinath panel recommendations
The Government has recently accepted the recommendations of former RBI deputy governor Shyamala Gopinath panel which would help investors earn higher interest on small savings schemes such as public provident fund and post office deposits. The schemes are now under ..
Month: Current Affairs - January, 2012
Category: Government Schemes Current Affairs
Implications of 26% FDI in Pension Sector
Recently, the Cabinet has approved changes in the Pension Fund Regulatory and Development Authority (PFRDA) Bill, which will also pave the way for 26% foreign investment in pension fund management companies. What is PFRDA Bill? PFRDA was set up as ..
Month: Current Affairs - January, 2012
Category: Government Schemes Current Affairs
Current Affairs November 2011 Tit-Bits
ROSAT plunges to earth: ROSAT or Röntgensatellit was a bus-sized defunct German satellite plunged to Earth recently after languishing in a dead orbit for more than a decade. It is not sure if any of its debris has hit the ..
Month: Current Affairs - December, 2011
End of Regulated Interest Rates Era
Recently, the Reserve Bank of India has completely deregulated the interest rates. The Interest on Savings Banks Account was the last administered pricing imposed by the banking regulator and now the savings bank account interest rates have been deregulated. This ..
Month: Current Affairs - December, 2011
Delhi : Important Supreme Court Verdict on General Power of Attorney
What is a Power of Attorney? A power of attorney refers to a written authorization to represent or act on another’s behalf in private affairs, business, or some other legal matter. Its a legal instrument whereby one person gives another ..