Page-30 of GKToday Archives: March, 2015

Union Government sanctions Rs. 2,000 crore relief for drought affected areas in Maharashtra

Union Government on 24 March 2015 sanctioned 2,000 crore rupees as a relief package for the areas affected by drought in Maharashtra in the year 2014. Decision in this regard was taken at high-level committee meeting of National Disaster Management ..

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62nd National Film Awards 2014

The 62nd National Film Awards for year 2014 was announced on 24 March 2015. Court directed by Chaitanya Tamhane was selected as the Best feature film. Mary Kom (Hindi) directed by Omung Kumar was selected as the Best Popular film ..

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Section 66 A of IT Act unconstitutional and untenable: Supreme Court

The Supreme Court (SC) on 24 March 2015 struck down the Section 66A of the Information and Technology Act 2000 calling it unconstitutional and untenable. SC in its ruling held that Section 66A interferes with freedom of speech and expression ..

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Money

Anything that can be generally acceptable as payment for goods and services or settlement of debts is Money. It is the element of confidence that others will accept it as a payment is what gives the purchasing power to money. ..

Near Money

Near money is a concept closely related to liquidity. Liquidity refers to how fast the money can perform the economic actions like buying, selling, or paying debt, meeting immediate wants and needs. There should not be loss of time and ..

SEBI sets norms to govern international financial centres

The Securities and Exchange Board of India (SEBI) approved guidelines to govern international financial services centres (IFSC). These guidelines were approved by SEBI board meeting on 22 March 2015. The news guidelines relax the norms for Stock exchanges and clearing ..

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