Current Affairs

GK MCQs Section

Page-15 of Financial services

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

National Financial Switch

With a view to inter-connect the ATMs in the country and facilitate easy banking for the common man, the Institute of Development and Research in Banking Technology (IDRBT),...

November 4, 2011

India Post to seek Banking License

India Post is the largest postal network in the world, comprising 1.55 lakh post offices, of which nearly 1.4 lakh are in rural areas. The department of posts...

November 4, 2011

Financial Inclusion: New operational guidelines on Financial Inclusion

The new RBI guidelines on Financial Inclusion have shifted the onus from “‘one district-many banks” to “‘one district-many banks-one leader bank“. The new operational guidelines are for the...

November 4, 2011

Differentiated Bank Licences and Issues with New Licenses in India

The Indian financial system currently consists of commercial banks, co-operative banks, financial institutions and non-banking financial companies (NBFCs). The commercial banks can be divided into categories depending on...

November 4, 2011

Bancassurance

Bancassurance, a term coined in the early 1990s, refers to the practice of financial institutions integrating the selling of banking and insurance products through a common distribution channel....

November 20, 2010

Current Affairs March 29, 2010

Appointments:Chairperson: National Advisory Council : Sonia GandhiNational Advisory Council of India is an advisory body. It was set up in 2004 to monitor the implementation of the UPA...

March 31, 2010

Current Affairs Update : March 26, 2010

Awards & Honours:Bhartendu Harishchandra Awards 2007 & 2008The Ministry of Information and Broadcasting of India gives Bharatendu Harishchandra Awards since 1983 to promote original writings in Hindi mass...

March 28, 2010

Business & Economy : October 26-27, 2009

October 26, 2009 : ING seperates Banking and Insurance Business.ING group will move towards a complete separation of its banking and life insurance operations as part of its...

October 27, 2009

RBI’s Financial Literacy Drive Programme for Financial Inclusion

The idea behind the Financial inclusion is that all people or every household in the country must have an operative account in a bank. To achieve 100 per...

September 20, 2009

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