Why Two year Extension to Subbarao?

Recently, the PMO office has announced a two-year extension for Reserve Bank of India governor D Subbarao. We note that it’s Finance Ministry, which deals with the RBI Governor appointments, but this time PMO, makes a statement and the objective of this change in the tradition was to provide comfort to the market, which is ..

Month: Current Affairs - October, 2011

Category: Government Schemes Current Affairs

Topics: Duvvuri Subbarao • Financial Stability and Development Council • Government of India • Great Recession • India • Indian Administrative Service • Ministry of Finance • Reserve Bank of India • Securities and Exchange Board of India

Current Affairs : July 17, 2011

World Bank probable to approve $1 Billion credit for NRLP   The Rural Development Ministry to sign agreement with World Bank for Soft Loan worth of $ 1 billion Objective of the Loan: To implement the National Rural Livelihoods Project (NRLP) under National Rural Livelihood Mission (NRLM) Distribution of project funds among the states to ..

Month: Current Affairs - July, 2011

Topics: Board of Control for Cricket in India • Government • Income Tax Department • Income tax in India • Income tax in the United States • Ministry of Finance • Mount Lokon • Taxation in the United States