Current Affairs

GK MCQs Section

Page-30 of Topic: Finance

Property transaction Norms for NRIs, eased by RBI

The Reserve Bank of India (RBI) recently allowed Indians who have non-resident accounts in India to hold them in any currency which is fully convertible. This decision by...

December 28, 2011

Indian Companies can now acquire assets abroad

Recently the cabinet approved a policy to enable profit making state-run firms to acquire assets oversees. The new policy also seeks to enhance the power of Maharatna and...

December 28, 2011

Rajasthan: Web based Social Security Pension System launched

A web based Social Security Pension System launched by the Rajasthan Govt at Jaipur. It is an e-Governance initiative for efficient and timely payout of pension and in...

December 28, 2011

Currency Exchange Rate Oversight Reform Act of 2011

Currency Exchange Rate Oversight Reform Act of 2011 Recently, the US Senate voted to advance a Bill pressuring China to prevent undervaluing its currency. The Senate voted in...

December 7, 2011

Implications of Falling Rupee

The Rupee was on its lowest point in 2 years after September 2009. The sustained fall is not only bad news for importers but is also fuelling inflation,...

November 30, 2011

Farmers actually pay 14% on subsidized 7% loans: NABARD Study

In the Union Budget 2006-07, the Indian Finance Minister had announced the subsidized 7% loan for farmers. A recent study by NABARD says that it actually translates into...

November 4, 2011

New Pension Scheme posts low returns

New Pension Scheme is being promoted as long-term financial instrument for an investors old age security. But the latest data released by Government have presented a dismal picture....

November 4, 2011

FSLRC asked to review PF and small savings norms

Recently, the Financial Sector Legislative Reforms Commission (FSLRC) has been asked by the government to review of the rules governing Employees Provident Fund Organization (EPFO), government securities and...

November 4, 2011

Suspended: New India Assurance chairman M Ramadoss

New India Assurance chairman M Ramadoss has been suspended by the Government for for alleged violations in issuing insurance cover to an airline during his stint as head...

November 4, 2011

Deven Sharma: Resigned

Jharkhand born Deven Sharma was an executive, and the president of Standard & Poor’s, a Division of The McGraw-Hill Companies. He had joined Standard & Poor’s in 2006...

November 4, 2011

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