1- Raghuram Rajan is the present 23rd governor of RBI and between 2003 and 2006 acted as the Chief Economist and Director of Research at the International Monetary Fund.
2-D Subba Rao acted as the 22nd governor of RBI. He was a lead economist in the World Bank in the period of 1999 to 2004.
3-The Board of Financial Supervision(BFS) of RBI has started in 1994.
4-H V R Iengar’s tenure witnessed India’s shift to decimal coinage from the earlier system in 1957.
5-During the governorship of KR Puri, the Asian Clearing Union commenced operations.Asian Clearing Union headquarters is at Tehran.
6-RBI injects liquidity through reduction of repo rate.
7-Gilt edged securities refer to government securities.
8-Bank’s Lien is General lien.
9-T S Vijayan is the Chairman of IRDA.
10- One rupee coin issued under Coinage Act 1906.
11-Blue Chip securities mean shares of progressive, well managed companies with excellent record of payment of dividends.
12-The minimum capital required to start a new private sector bank is 500 crore.
13-Cash kept in the currency chest is owned by Reserve Bank Of India.
14-Bank holidays under Sec.25 of N.I. Act are declared by State government for the respect state.
15-The sponsoring bank’s share in RBIs is 35 %.
16- Currency paper is composed of cotton and cotton rag.
17-1 rupee coin has largest circulation in India.
18-Government of India has the sole right to mint coins in India.
19-India moots to mint 10 rupess plastic money first.
20-Tarapore committee has suggested for the high denomination of Coins in Indian circulation.
21-Coins in India are presently being issued for the circulation in denominations of 50 paise,one rupee, two rupees, five rupees and ten rupees.
22-Anita Kapur is the is the present Chairperson of the Central Board Of Direct Taxes (CBDT).
23-Helmand province is in the news recently. It is in Afganisthan.
24-Shramev Jayate program is related to Labor reforms.
25-The first European Union country to officially recognize the state of Palestine is Sweden.
26-According to World Health Organisation, Pakistan now accounts for nearly 80% of the polio cases globally.
27-Vladimir Putin topped the Forbes lists of world’s most powerful people,released on November 5,2014.
28-The first state to make voting compulsory in local bodies is Gujarat.
29-Farhan Akthar is the first man to be chosen as a Goodwill Ambassador of UN Women.
30-India was re-elected to the United Nations Human Rights Council (UNHRC) for the period of 2015 to 2017.
Related posts: