Prime Minister Narendra Modi released a book titled “The Birds of Banni Grassland” in New Delhi. The book was presented to the Prime Minister by the scientists of...
Sweden inaugurated a test stretch of an electric road in Sandviken to conduct tests with electric power for hybrid heavy transports on public roads. With this, Sweden becomes...
Nagaland Government has launched women helpline “181” and “Sakhi-One Stop Centre”, an institute that supports women affected by violence. It was launched by the state Governor P B...
The Comptroller and Auditor General (CAG) of India Shashi Kant Sharmahas been conferred with the honorary professorship by the Nanjing Audit University (NAU), China. China’s Nanjing Audit University...
History professor and political newcomer Gudni Johannesson (48) has won the 2016 Presidential election in Iceland. He will succeed Olafur Ragnar Grimsson, who served as President of Iceland...
1. Which Indian personality has been conferred with the honorary professorship by the Nanjing Audit University (NAU),China?[A]Urjit Patel[B]Raghuram Rajan[C]Shashi Kant Sharma[D]Duvvuri SubbaraoAnswer: Shashi Kant SharmaShashi Kant Sharma, the...
Currency convertibility refers to the freedom with which a country’s currency can be converted into another currency at market-determined exchange rates. It is a central concept in banking...
The Political Economy Approach is an essential framework for analysing the intricate relationship between politics and economics. It investigates how political institutions and processes influence economic policies and...
Currency futures are standardised derivative contracts that allow market participants to buy or sell a specified amount of a foreign currency against another currency at a predetermined exchange...
Currency mismatch risk refers to the financial vulnerability that arises when assets, liabilities, income, or expenditure are denominated in different currencies. This risk is especially significant in banking...