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Daily Current Affairs and Quiz – 24 Jan 2018

 8th National Voters Day – 25th January 2018; A one-day International Conference on the subject ‘Inclusion of Persons with Disabilities in the Election Process’ in New Delhi. Beneficiary module of the Rapid Reporting System for the Scheme for Adolescent Girls – a web based on line monitoring for the Scheme for Adolescent Girls in New […]

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Daily Current Affairs – 22 Jan 2018

World War-II Memorial inaugurated Arunachal Pradesh (Changlang district). Build by Union Cultural Ministry 10th Global forum for Food & Agriculture (GFFA)was held in Berlin, Germany (18th-20th Jan); with Theme: “Shaping the future of Livestock- Sustainably, Responsibly, Efficiently” India ranks 62nd among emerging economies on the Inclusive Development Index, falling from its last year’s ranking of

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Daily Current Affairs – Jan 20, 2018

On 19 January 2018, India has joined the Australia Group (AG), which seeks to ensure that exports do not contribute to the development of chemical or biological weapons. (India =43rd member) Already member of two export control regimes – MTCR and Wassenaar Ministry of Electronics and Information Technology (MeitY), announced the Cyber Surakshit Bharat initiative

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About RBI – Departments and Roles for RBI Grade B and Assistants

Reserve Bank of India (RBI) is India’s central bank institution, which controls monetary policy of India. To carry out its functions/operations smoothly and efficiently, the Reserve Bank of India has the following departments. 1. Banking Department at RBI: The Banking Department is responsible for rendering the bank’s services as a banker to the Government and

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Review of Fifth Bi-monthly Monetary Policy Statement 2017-18

Fifth Bi-monthly Monetary Policy Statement, 2017-18 MPC(Monetary policy committee) has kept the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.0 per cent reverse repo rate under the LAF remains at 5.75 per cent marginal standing facility (MSF) rate and the Bank Rate at 6.25 per cent. MPC voted 5:1 for this

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Current Affairs for competitive exams – Nov 6

November 5, 2017 Tag: Finance, Regulator 1.    Shell firms banks accounts seized These companies’ bank accounts have been frozen. State governments told to restrict sales and transfers of real estate assets owned by these entities. Comes after the observing of the deposited & withdrew of Rs 17,000 crore after demonetisation Earlier Identified 224,000 shell companies

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RBI Speeches – Financial regulation and economic policies for avoiding the next crisis

This article is an analysis of speech given by current RBI Governor Mr Urijit Patel on Oct 15, 2017 at the 32nd Annual G30 International Banking Seminar, Inter-American Development Bank, Washington, D.C. RBI Speech and Analysis Part 1 1. Let me start by reminding ourselves of some numbers that are a key backdrop for today’s panel discussion.

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