Ethics & Integrity

GK & Current Affairs: October 8, 9, 2015

October 29, 2015

1. Who has been elected as the new head of the Intergovernmental Panel on Climate Change (IPCC)? Lee Hoi-chang Rajendra Pachauri Hoesung Lee Jean-Pascal van Ypersele Show Answer Hoesung Lee The South Korean economist, Dr. Hoesung Lee (69) has been elected as the new chairperson of the Intergovernmental Panel...

Weather Based Crop Insurance Scheme

May 12, 2015

In 2015-16, the Weather-based Crop Insurance Scheme (WBCIS) is being implemented as component of National Crop Insurance Programme (NCIP). This scheme provides insurance coverage and financial support to the farmers in the event of failure of crops due to Adverse Weather Incidence and subsequent crop loss.  This simply implies...

Agricultural Census

May 10, 2015

Every five years, an agricultural census is conducted in India. First such census was done in 1970s and the reference year for the first Agriculture Census was 1970-71.  Under this scheme, centre provides funds to states and entire work is done by the states only. Data in Census The...

Debenture: Meaning, Types and Salient Features

May 5, 2015

A debenture is one of the capital market instruments which is used to raise medium or long term funds from public. A debenture is essentially a debt instrument that acknowledges a loan to the company and is executed under the common seal of the company. The debenture document, called...

Non Performing Assets (NPA)

April 28, 2015

The assets of the banks which don’t perform (that is – don’t bring any return) are called Non Performing Assets (NPA) or bad loans. Bank’s assets are the loans and advances given to customers. If customers don’t pay either interest or part of principal or both, the loan turns...


April 27, 2015

Bancassurance or Bank Insurance Model refers to the distribution of the insurance and related financial products by the Banks whose main business is NOT insurance. So, simply Bancassurance, i.e., banc + assurance, refers to banks selling the insurance products In India, ever since espousing of financial reforms following the...

India’s Credit Rating Agencies

April 27, 2015

The Credit rating market taken a definite shape in India after the SEBI made it mandatory for any debenture that has maturity of more than 18 months maturity. There are four domestic credit ratings in India for standardized approach for credit risk calculation. They have been discussed below: CRISIL...

What are Risk Weighted Assets?

April 27, 2015

The Risk Weighted Assets (RWA) refer to the fund based assets such as Cash, Loans, Investments and other assets.  They are the total assets owned by the Banks, however, the value of each asset is assigned a risk weight (for example 100% for corporate loans and 50% for mortgage loans)...

List of Banking Related Abbreviations

February 17, 2015

Environmental Impacts of Concrete

February 5, 2015

Surface concretization is one of the major environmental issues in urban areas around the world. Concretization is not always harmful but depends upon the circumstances. Since cement is major component of concrete; the it contributes a lot in the harmful environmental impacts caused by concrete. Such impacts include: Cement...