Ratan Tata honoured with Doctorate of Automotive Engineering by Clemson University

Ex-chairman of the Tata Group Ratan Tata has been honoured with Doctorate of Automotive Engineering by the Clemson University. He was conferred with Doctorate for his contributions to the global automotive industry at the South Carolina Automotive Summit. About Ratan ..

Month: Current Affairs - February, 2015

A person can be treated as SC even after re-conversion: Supreme Court

The Supreme Court on 27 February 2015 held that a person can be accorded Scheduled Caste (SC) status even on re-conversion to Hinduism. The status can be accorded if the person is accepted by people of his caste and he ..

Month: Current Affairs - February, 2015

Zoological Society of London and Gujarat Forest Department inks MoU for Asiatic lion Conservation

Zoological Society of London (ZSL) and Gujarat Forest Department on 26 February 2015 have inked a memorandum of understanding (MoU) for conservation of Asiatic lion and its habitat. As part of MoU, ZSL with its expertise in managing zoo will provide ..

Month: Current Affairs - February, 2015

Timeline of Banking in India

The following table shows the timeline of banking in India, with major events and their dates. [table id=71 /] You may help us to add more data to the above table by leaving your comments.

What is earliest evidence of Banking in Ancient India?

The History of Banking in India is as old as Vedic Civilization. For example, in Vedic age the loan deeds called rnapatra or rnalekhya were prevalent. Interest rates as well as usury (सूदखोरी ) was prevalent in Vedic India. The ..

Banking in India – Bank PO Study Material

Banking practice was prevalent in ancient India too, it was not as organised and consolidated as it is today. The practice of giving out loans was widely prevalent in the Vedic period. The concept of usury even finds mention in ..