Page-132 of IBPS

Former PM I.K. Gujral passed away

Indra Kumar Gujral, former Pime Minister of India, passed away. He was 92. I.K.Gujral (December 4,1919 – November 30, 2012) Born in Punjab, in British India. Participated in India’s struggle for freedom. Left the Indian National Congress party in the ..

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“Aapka Paisa, Aapke Haath”

Slogan for the Direct Cash Transfer scheme from Govt: Aapka Paisa, Aapke Haath (your money in your hands) Direct Cash Transfer to beneficiaries of various welfare schemes by Govt. Objective: To remove the middlemen from the system To check leakages ..

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BSE Carbonex- India’s first carbon-based thematic index launched

The Bombay Stock Exchange (BSE) launched, country’s first carbon based thematic index, BSE Carbonex, which will provide a strategic perspective of organizational commitment to climate change mitigation. What is the aim of BSE Carbonex? This index is introduced with an ..

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Enforcement Directorate sent 220 FEMA Notices in past 3 Years

Enforcement Directorate (ED) sent 220 show cause notices under Foreign Exchange Management Act (FEMA) in past 3 years. These notices were issued in context with the illegal funds transfer in India through illegal channel. The ED did not register the ..

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The 'NH-4 Bank' plans to become pan-India player

Which Bank in India is often referred to as the ‘NH-4’ Bank ? The Ratnakar Bank is often referred to as  the ‘ NH4 Bank’ in the banking circles, . Reason: As majority of the business of Ratnakar Bank comes ..

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19 RRBs merged into 8; now 71 left

The government has merged 19 Regional Rural Banks (RRBs) into 8 entities. All this happened in spite of reservations by RBI. The Govt plans to merge more RRBs this financial year. RBI was not happy with this decision as the ..

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Pepsi replaces DLF by winning 5 years sponsorship of the IPL

Pepsi won the five-year title sponsorship of the Indian Premier League (IPL). It replaced earlier sponsor DLF by paying Rs 396.8 crore ($71.93 million) which is almost double the amount DLF paid.

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Usain Bolt, Allyson Felix : IAAF world athletes of the year

Jamaican runner Usain Bolt was declared the winner of the IAAF World Athlete of the Year award for 2012 for the 4th time. US sprinter Allyson Felix bagged the women’s World Athlete of the Year award. Hurdler Aries Merritt of ..

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