Current Affairs

GK MCQs Section

International finance institutions

Nirmala Sitharaman leads Indian delegation at G20 Finance Ministers and Central Bank Governors in Washington

In Washington DC, Union Finance Minister Nirmala Sitharaman led the Indian delegation at G20 Finance Ministers and Central Bank Governors as well as the BRICS Finance Ministers and...

October 19, 2019

Siddharth Tiwari appointed as new Chief Representative for Asia and Pacific by Bank for International Settlements (BIS)

The Bank for International Settlements (BIS) has appointed Siddharth Tiwari as the Chief Representative for Asia and the Pacific. He succeeded Eli Remolona. At BIS, he will work...

November 15, 2018

India signs $300 million agreement with World Bank for Energy Efficiency Scale-Up Program

The Government of India (GoI) and the World Bank signed a $220 million Loan Agreement and a $80 million Guarantee Agreement for the India Energy Efficiency Scale-Up Program....

August 30, 2018

Government Enters into Agreement with World Bank on Biotech

The Government of India (GoI) has entered into a legal agreement with the World Bank for a flexible financing arrangement to accelerate research towards early development for biopharmaceuticals....

April 29, 2018

Financial Stability Board

After the global financial crisis of 2007, the G-20 has created an institution called Financial Stability Board to design sophisticated regulation measures for banks to prevent future bank...

April 24, 2018

Subhash Chandra Garg represents India in first meeting of BRICS Finance Ministers and Central Bank Governors

The first meeting of the BRICS Finance Ministers and Central Bank Governors was held on the sidelines of the IMF/World Bank Spring Meetings in Washington D.C on 19th...

April 20, 2018

Financial Sector Assessment Program

The Financial Sector Assessment Program (FSAP), established in 1999, is a comprehensive and in-depth analysis of a country’s financial sector. It is a joint program of the International...

April 12, 2018

Argentina hosts first G20 meeting of Finance Ministers and Central Bank Governors of 2018

The first G20 meeting of finance ministers and central bank governors was held at the Center of Exhibitions and Conventions (CEC) in Buenos Aires, Argentina on March 19-20,...

March 22, 2018

European Bank for Reconstruction and Development approves India’s membership

The European Bank for Reconstruction and Development (EBRD) has recently approved India’s membership after its shareholders gave their nod to make India its 69th member. The formal membership...

March 7, 2018

Urjit Patel appointed as advisory board member of Financial Stability Institute (FSI) of BIS

RBI Governor Urjit Patel has been appointed as advisory board member of the Financial Stability Institute (FSI) of the Bank of International Settlement (BIS). The FSI assists financial...

November 16, 2017

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