GKToday Archives: February, 2015

What is Liquidity?

By Liquidity, we simply mean to refer to the money floating in the system that is available to all stakeholders of the markets viz.  Individuals, corporate entities and the government. We know that liquidity is influenced by the demand and ..

Board for Payment and Settlement Systems

In 2005, RBI constituted the Board for Payment and Settlement Systems (BPSS) as a Committee of its Central Board. The functions are to regulate and supervise the payment and settlement systems. This is also chaired by the Governor of RBI ..

28 February observed as National Science Day

Every year February 28 is celebrated as the National Science Day i.e. Rashtriya Vigyan Diwas (राष्ट्रीय विज्ञान दिवस). In 2015, the theme of the day is “Science for Nation Building”. This year’s theme has been chosen for the purpose of ..


Haryana Government increases cash reward for inter-caste marriage

Haryana government has decided to increase the cash reward under the inter-caste marriage scheme from 50,000 to 1 lakh rupees. This decision was taken by state level Vigilance and Monitoring Committee meeting held under the chairmanship of the Chief Minister ..


First Assamese dictionary for Science and Technology terms released

First Assamese dictionary for Science and Technology terms was released recently. It was released by Dr Alok Kumar Buragohain, Vice Chancellor of Dibrugarh University. Key facts This dictionary is prepared by Asomiya Jatiya Abhidhan (AJA) and consists of over 40,000 ..


Highlights of Union Budget 2015-16

Union Finance Minister Arun Jaitley presented Union Budget 2015-16 in the Parliament. It was the first full year Budget of the NDA government under leadership of Prime Minister of Narendra Modi and the second budget of Arun Jaitley as Finance ..