1. In context with Banking in India, what is the difference between liquidity adjustment facility-repo rate and marginal standing facility rate ? 1. Under Repo rate banks can borrow above SLR Requirements, under MSF, Banks can borrow within SLR requirements 2. Under Repo, banks can borrow up to 5% of net demand and time liabilities, [...]

40th Manipur Day celebrated Manipur was a princely state under the suzerenity of British India and existed as such until 1947 as Kanglapak Kingdom. The Kanglapak King wilfully acceded to the newly independent Union of India. In 1956, Manipur was made a union territory and it became a full-fledged state in 1972 with Muhammad Alimuddin [...]

Jaipur Literature Festival, begins Fifth Jaipur Literature Festival begins in Jaipur on 19th January. About 250 writers from India and abroadparticipating in the 5-day long Jaipur Literature Festival. In a session on ‘Truth of Poetry and Truth of Politics’, Union Minister Mr Kapil Sibbal says that the Government does not believe in censorship on Internet [...]

Dear Readers, As we are aware that the Civil Services Examination has consistently evolved implicitly, evident in the kind of questions being asked in General Studies Prelims as well as the Mains examination. However, in last few years, the evolution is evident explicitly in the change of the pattern of examination as well as the [...]

Suresh Kalmadi granted Bail Delhi High Court grants bail to former Commonwealth Games Organizing Committee chairman, Suresh Kalmadi in a 2010 Commonwealth Games-related graft case. Kalmadi was given bail after remaining behind bars for nearly nine months. On April 25, 2011 Kalmadi was arrested by CBI for awarding illegal contracts to a Swiss firm for [...]

Gujarat High Court upholds the appointment of Lokayukta The High Court of Gujarat, Ahmedabad dismisses the plea of the Gujarat Government and upholds the appointment of state Lokayukt by the Governor. Gujarat Governor Kamla Beniwal appointed Justice Mehta as the Lokayukta in August 2011, after over seven years of the position lying vacant. On the [...]