The Reserve Bank of India (RBI) had constituted an Expert Committee to Review the Extant Economic Capital Framework of the Reserve Bank of India. The committee was chaired by Dr Bimal Jalan. The committee has submitted its report. Recommendations of the Committee RBI’s economic capital The Committee called for a clearer distinction between the two ..
Equity: GK, Current Affairs, Questions, Trivia and News
India has recently contributed $1 million to the UN Special Purpose Trust Fund (SPTF) for the Resident Coordinator System. The SPTF is a specific fund housed within the UN Secretariat. The fund has been established to receive, consolidate, manage and account for all contributions and financial transactions of the new Resident Coordinator system in a ..
The Specific Relief (Amendment) Bill, 2017 seeks to amend the Specific Relief Act, 1963. The Act sets out the remedies available to parties whose contractual or civil rights have been violated. The features of the act include The Act sets out two main remedies to a party whose contract has not been performed: (i) the party ..