Pro Kabaddi League

The Pro Kabaddi League (PKL) is a professional kabaddi league in India, based on the format of the Indian Premier League. The first edition of the tournament started on 26…

Daily Quiz # 02

Who became the first Indian state to ratify the National Judicial Appointments Commission Bill 2014? Ans – Rajasthan Who was appointed as new chief of National Commission for Women? Ans…

Functions of RBI

The functions of the Reserve Bank today can be categorised as follows: Monetary policy Regulation and supervision of the banking and non-banking financial institutions, including credit information companies. Regulation of money, forex…

Subsidiaries of RBI

  National Housing Bank (NHB) National Housing Bank was set up on July 9, 1988 under the National Housing Bank Act, 1987 as a wholly-owned subsidiary of the Reserve Bank…

Current Affairs 17/09/2014

World Bank approves USD 105 million for Ebola fight in Africa. E-rickshaws will have top speed of 25 km an hour and carry a maximum of four passengers. World number…

Daily Quiz # 01

Who became first non-European law lecturer at Cambridge University? Ans – Indian-origin Antara Haldar Who sworn–in as the Governor of Manipur? Ans – Meghalaya Governor, Dr. Krishna Kant Paul Who won…

Pradhan Mantri Jan Dhan Yojana

Prime Minister Narendra Modi launched his government’s mega scheme ‘Jan Dhan Yojana’, declaring that it was aimed at eradicating financial untouchability by providing bank accounts to the poor. On the…

Current Affairs 10/09/2014

Nation pays homage to Pt Govind Ballabh Pant on 127th birth anniversary. India has signed 2 MoUs during the WHO South East Asia Health Ministers Meet in Dhaka yesterday. Indian…

Banking Abbreviations

REER: Real Effective Exchange Rate NEER: Nominal Effective Exchange Rate LIBOR: London Inter Bank Offer Rate MIBOR: Mumbai Inter Bank Offer Rate EFT: Electronic Fund Transfer NEFT: National Electronic Funds…

Important Committees related to Banking and Finance

Abid Hussain Committee : On Small Scale Industries A C Shah Committee : Reforms Relating To Non Banking Financial Companies (NFBC) Aditya Puri Committee : Dissemination of Credit Information Anil…

Euro Nations

Austria Belgium Cyprus Estonia Finland France Germany Greece Ireland Italy Latvia Luxembourg Malta Netherlands Portugal Slovakia Slovenia Spain