Current Affairs

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Page-6 of Archives: July, 2016

Parliamentary Committees in India – UGC-NTA NET Political Science

Parliamentary Committees are vital components of India’s legislative framework. They enhance the efficiency of Parliament by allowing for detailed examination of bills, budgets, and various issues. These committees...

July 29, 2016

Agency Functions

Agency functions refer to the activities performed by banks and financial institutions on behalf of their customers, governments, or other entities, where the institution acts as an agent...

July 29, 2016

Agency Services

Agency services refer to a range of financial and non-financial services performed by banks and financial institutions on behalf of governments, businesses, and individuals, where the institution acts...

July 29, 2016

Agricultural Refinance and Development Corporation (ARDC)

The Agricultural Refinance and Development Corporation (ARDC) was a specialised financial institution established in India to provide long-term refinance support for agricultural development. In the context of banking,...

July 29, 2016

Agricultural Refinance Corporation (ARC)

The Agricultural Refinance Corporation (ARC) was a specialised financial institution established in India to strengthen the flow of institutional credit to agriculture and allied activities. It played a...

July 29, 2016

Agriculture Insurance Company (AIC)

The Agriculture Insurance Company of India Limited (AIC) occupies a distinctive position within India’s banking, finance, and economic framework as the country’s premier public sector insurer dedicated exclusively...

July 29, 2016

AI Bias in Credit Underwriting

The increasing adoption of artificial intelligence (AI) in credit underwriting has transformed decision-making processes within banking and finance by enabling faster, data-driven, and cost-efficient assessment of borrower risk....

July 29, 2016

AI Ethics Committees

The rapid integration of artificial intelligence (AI) into banking and financial services has reshaped decision-making, risk management, customer engagement, and regulatory compliance. In India, where banking and finance...

July 29, 2016

AI Fraud Detection Models

The growing digitisation of banking and financial services has significantly increased the scale, speed, and complexity of financial transactions in India. Alongside these developments, the nature of financial...

July 29, 2016

AI-driven Credit Scoring

Artificial intelligence (AI)-driven credit scoring refers to the use of advanced computational techniques such as machine learning, data analytics, and automated decision systems to assess the creditworthiness of...

July 29, 2016

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