Mathematical finance Current Affairs, GK & News
The United States Federal Reserve has announced a quarter-percentage-point cut in interest rates. This was the first-rate cut in 11 years- the first since the global financial crisis broke in 2008. The rate cut marked a departure from the hawkish rate-hike trajectory of US Federal Reserve moving in the direction of bolstering the debt-laden American economy. ..
Topics: Economy • Fear of floating • Federal funds rate • Inflation • Interest rate • Interest Rates • International macroeconomics • Macroeconomics • Mathematical finance • Monetary Policy • Money • Social economic analysis • US Federal Reserve
State Bank of India along with some private banks has cut the interest rates on deposits. SBI has cut the interest rates on deposits from 1 year to 455 days to 6.90%. This may not be in the interest of those who are depositing their money in banks. The yields on 10-year government bond which ..
A security with an interest rate guaranteed by a bank. It provides a specific yield on a portfolio over a specified period.
Appointments:Dr. N.C.Saxena Committee:Joint Committee of Ministry of Environment And Forests and Ministry of Tribal Affairs has been revised. Dr. N.C.Saxena, retired Secretary, Planning Commission will be Chairman of this committeeand Dr. Devendra Pandey, Fromer Director General, Forest Survey of India will be Co-Chairman. Awards:Prime Minister’s Awards for excellence in Governance for 2008-09Prime Minister’s Awards for ..
Category: Government Schemes Current Affairs