The award comparative to Nobel prize in the field of 'Maths' is
maturity period of IIBs launched by RBI?
Which country Airlines has banned air hostesses from wearing brightly-colored on 1st May 2013?
Who is recently appointed as new Executive Director of PRPC?
What is name of rapper who died on 2nd May 2013?
Hey guys !!
Do not miss out on the Quiz that is going to happen tonight at 10:10 PM
Give your best shots ! Ill share the Answers ! Lets discuss til our minds become numb !! and sleep while our Brain minds the rest
Hoping to see all your participation !!
ππππππ#SIDDππππππππ
# Sudha Sharma, 1976 batch IRS Officer, has been appointed as the new Chairperson of the Central Board of Direct Taxes (CBDT). She replaces Poonam Kishore Saxena who retired on 31 May. She was serving as member (legislation and computerization) in CBDT. The CBDT is a part of Department of Revenue in the Ministry of Finance and it is a statutory authority functioning under the Central Board of Revenue Act, 1963.
# The government has appointed Thomas Mathew as the new chairman of Life Insurance Corp of India. He holds the position of managing director in LIC since 2006. Mathew has a nearly 30 years of professional experience in the life insurance sector and is the senior most person in the government entity after D K Mehrotra, who retired on 31 May. After his elevation, the government has also appointed S K Roy as another managing director of LIC.
# S. Ravind has been appointed as Director of the Bangalore-based Electronics & Radar Development Establishment (LRDE), a unit of the Defence Research and Development Organization. He replaces Varadarajan who superannuated on May 31. He started his career as a Junior Scientific Officer in the Defence Electronics Research Laboratory, Hyderabad, and later joined LRDE. According to a DRDO statement, Ravind was involved in the design and development of INDRA I and INDRA II radars, first phase Array Radar, Rajendra Radar and the Akash Weapon System.
#The Congress Party has appointed Charan Das Mahant, the MP from Korba, as the new party chief in Chhattisgarh, days after its state president, Nand Kumar Patel, was killed in a Maoist attack during the party's "Partivartan Yatra" last month. Senior tribal leader Mahendra Karma, former legislator Uday Mudaliyar and many others were also killed in the attack.
# P. Nanda Kumaran, Managing Director, State Bank of Travancore (SBT), retired from service last Friday. Sajeev Krishnan, Chief General Manager, will hold charge of the office of Managing Director for the time being.
# The Reserve Bank has clarified some of the queries related to new bank licenses. It said in- principle approval for setting up of new banks will now be valid for 18 months, up from earlier proposed one year. The companies which would be eligible to apply must have a public shareholding of at least 51%. It further said only non-financial services companies and non-operative financial holding companies in the promoter Group would be allowed to hold shares in the holding company. Those seeking to set up a bank will have to submit applications by July 1, 2013. The RBI will display names of applicants on its Website.
Who has been appointed as the Secretary, Ministry of Minority Affairs in April 2013?
Who won the won the Chinese Grand Prix held in April 2013?
Quiz 19
1.The Union Cabinet on 6 May 2013 had cleared important changes to
the National Rural Livelihoods Mission _________ in a major boost
to the roll out of the women's self help group model across the country?
a) Khadyaan
b) Sukhoslam
c) Jeevan Suraksha
d) Aajeevika
2.The Union Cabinet of India on 1May 2013 approved major changes
to the National Rural Livelihoods Mission (NRLM) with the objective
of removing poverty in rural areas by empowering women.
Approximately, 25 lakh Women Self Help Groups (SHGs) will be given
bank loans at an interest rate of _______ percent?
a) 7 percent
b) 6 percent
c) 7.2 percent
d) 6.8 percent
3.The Union Government of India on 8 May 2013 approved _____________
policy with an aim to create a secured Computing environment across
the country?
a) Computing Policy of India
b) National Security Policy for Computing
c) National Policy of Computing
d) National Cyber Security Policy
4.What is the name of the scheme which provides training and skills to
women in traditional and non-traditional trades?
a) Kishori Shakti Yojna
b) Janani Suraksha Yojna
c) Rashtriya Mahila Kosh
d) Swayamsiddha
e) Swawlamban
5.Author of the book Colourless Tsukuru Tazaki and The year of
his pilgrimage is ?
a)Mo Yan
b)Haruki Murakami
c)Yukio Mishima
d)Kobo Abe
6.Which Indian player won the Malaysia Open Grand Prix Gold Title?
a)Juan Gu
b)P V Sindhu
c)Saina Nehwal
d)Jawala Gutta
7. The new Drug Prices Control and Regulation act How many essential
drugs will be controlled?
a)312
b)324
c)336
d)348
8.The Cabinet Committee on Security (CCS) under the Prime Minister of
India, Manmohan Singh approved 11000 crore Rupees project this May
2013 for modernisation of _____________?
a) Delhi police
b) Central paramilitary forces.
c) Black Commando Force
d) Indian Army
9._________________ was granted an Observer Status by Arctic
Council recently
a)China
b)Italy
c)Singapore
d)India
e)S.Korea
10.Babasaheb Neelkanth Kalyani nominated as the Chairman of India
Japan Business Leaders Forum
a)Mukesh Ambani
b)Sunil Bharti
c)Deepak Parekh
d)S. Gopalkrishnan
e)Babasaheb Neelkanth kalyani
All the best ....... .....do your best....there is no negative marking....
Which company has the largest weight aCge in NSE nifty 50 index?
What is the base year for CPI ( Consumer price index) in India
Mutual funds are regulated in India by which among the following?
Central drug research institute is in which city
Which of the following estimates the National Income in India?
FSLRC: Financial Sector Legislative Reforms COmmission
The Finance Minister announced the formation of the Financial Sector Legislative Reforms Commission (FSLRC) during his Budget speech of 2011-2012 to rewrite and harmonize financial sector legislations, rules and regulations. This had become necessary as the institutional framework governing India's financial sector was built over a century. The Resolution notifying the FSLRC was issued by the Government on 24 March 2011. The FSLRC is required to submit its findings within a period of 24 months.
Composition:
The FSLRC is chaired by former Judge of the Supreme Court of India Justice B.N. Srikrishna. Apart from the Chairman, the FSLRC consists of 9 other members and a Secretary.
Agenda:
There are over 60 Acts and multiple Rules/Regulations in the financial sector and many of them date back decades when the financial landscape was very different from what is obtaining today. Large number of amendments made in these Acts over time has increased the ambiguity and complexity of the system. The Commission has to comprehensively review them and rewrite them for a modern financial sector in tune with the aspirations of the resurgent Indian economy.
Proposition:
After 18 months of research, interrrogation and Brainstorming it came up with a proposed Financial Legislative structure with seven broad functions they are:
1. RBI:
The central bank as the monetary authority, banking regulator and payment system regulator.
A unified regulator for the rest of the financial sector.
3.Financial Sector Appellate tribunal:
4. Resolution Corporation:
The existing Deposit Insurance and Credit GUarantee Corporation will be subsumed to resolution corporation with addtitional resolution function
5. FInancial Redressal Agency
6. Public Debt Management Agency
7. Financial Stability and Development Corporation
A mechanism for coordination, systemic risk, financial development and other issues where the role of multiple agencies are involved
Wishing you a Great Learning !!!πππ
Based on Latest cabinet approval the Authorised Capital of NABARD was incresed from 5000 Crores to ______