Numismatics Current Affairs, GK & News

IMF and World Bank unveiled Learning Coin For In-House Purposes

International Monetary Fund (IMF) and the World Bank have together launched a private blockchain with a pseudo-token. The new token, called ‘Learning Coin’ accessible within the IMF and World Bank the main purpose to teach relevant individuals within the organizations about blockchain. Though the coin has no real value hence the description pseudo-token staff members ..

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Lok Sabha passes Negotiable Instruments (Amendment) Bill, 2017 on cheque bounce cases

On July 23, the Lok Sabha passed the Negotiable Instruments (Amendment) Bill, 2017 that allows a court hearing a cheque bounce case to direct the drawer — the person who wrote the cheque — to pay interim compensation to the person who filed the complaint. The interim compensation, to be paid within 60 days of ..

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S Selvakumar appointed as new CMD of SPMCIL

S Selvakumar, the senior IAS officer, has been appointed as new Chairman and Managing Director (CMD) of Security Printing and Minting Corporation of India Ltd (SPMCIL) with effect from January 16, 2018. Selvakumar succeeded Anurag Agarwal. The state-owned SPMCIL produces bank notes, coins, postage stamps, non-judicial stamps and other official documents.

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