Current Affairs

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Page-8 of Archives: July, 2016

ALM for Foreign Exchange (FX)

Asset–Liability Management (ALM) for Foreign Exchange (FX) is a critical framework within modern banking and financial systems, aimed at managing risks arising from fluctuations in exchange rates, foreign...

July 29, 2016

Alternative Credit Data

Alternative credit data refers to non-traditional information used to assess the creditworthiness of individuals and businesses who may lack formal credit histories. In the evolving landscape of banking,...

July 29, 2016

Alternative Credit Scoring

Alternative credit scoring refers to the use of non-traditional data and advanced analytical techniques to assess the creditworthiness of borrowers who lack sufficient formal credit history. In the...

July 29, 2016

Alternative Data in Credit Underwriting

Alternative data in credit underwriting refers to the use of non-traditional, non-credit-bureau information to evaluate the creditworthiness of borrowers. In the context of banking, finance and the Indian...

July 29, 2016

Parliament passes Compensatory Afforestation Fund Bill, 2016

The Parliament has passed the Compensatory Afforestation Fund Bill, 2016 after it was approved by the Rajya Sabha. The bill provides for establishment of funds under the public...

July 29, 2016

Eminent writer and social activist Mahasweta Devi passes away

Eminent author and social activist Mahasweta Devi passed away in Kolkata, West Bengal after a multi-organ failure. She was 91. Her writings had mainly focused on the marginalised...

July 29, 2016

29 July: International Tiger Day

The International Tiger Day (also known as Global Tiger Day) is observed annually on 29 July to raise awareness for tiger conservation. The goal of observance of the...

July 29, 2016

Noted Tabla maestro Lachu Maharaj passes away

Noted Tabla maestro Pandit Lachu Maharaj passed away in Varanasi, Uttar Pradesh due to cardiac arrest. He was 73 years old. Lacchu Maharaj was renowned internationally and his...

July 29, 2016

IMD to use supercomputer to forecast monsoon based on dynamical model

The Union Ministry of Earth Sciences (MoES) has announced that India Meteorological Department (IMD) will use supercomputer to forecast India’s annual summer monsoon. The forecast made by a...

July 28, 2016

28 July: World Hepatitis Day

The World Hepatitis Day is being observed every year on July 28 around the globe to spread awareness about viral hepatitis. Significance of the Day: It seeks to...

July 28, 2016

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