Current Affairs

GK MCQs Section

Page-14 of RBI

India’s Forex reserves rise to a record high of $426.42 billion

As per the data revealed by Reserve Bank of India (RBI), India’s foreign exchange (Forex) reserve rose to a life-time high of $426.42 billion (in week to 21...

June 29, 2019

Bimal Jalan panel report Delayed

The Bimal Jalan panel formed by the Reserve Bank of India (RBI) to review the economic capital framework of the Reserve Bank of India (RBI) has deferred the...

June 27, 2019

What is RBI’s Complaint Management System?

The Reserve Bank of India (RBI) has launched Complaint Management System (CMS), on its website for facilitating RBI’s grievance redressal process. About CMS It is a software application...

June 26, 2019

Stressed Asset Fund for MSMEs

The U.K. Sinha committee constituted by the Reserve Bank of India (RBI) to study the problems faced by MSMEs has recommended constituting stressed asset fund for domestic micro,...

June 26, 2019

Wilful Defaulters in Nationalised Banks up by 60% in 5 years: Govt

As per a written reply given by Union Finance Minister Smt. Nirmala Sitharaman in Lok Sabha, the number of wilful defaulters in nationalised banks has increased by more...

June 25, 2019

RBI launches Single Window Portal for Customer Complaints

The Reserve Bank of India (RBI) has launched a single window portal, Complaint Management System for addressing customer complaints relating to banks and non-banking finance companies (NBFCs) through...

June 25, 2019

Increase in the Number of Wilful Defaulters

The government has stated that the number of wilful defaulters in nationalised banks was increased by about 60 per cent in the last five years. The number of...

June 25, 2019

FM chairs 20th Meeting of FSDC

The 20th Meeting of Financial Stability and Development Council (FSDC) was held under the Chairmanship of Smt. Nirmala Sitharaman, Union Minister of Finance and Corporate Affairs. Key Highlights...

June 20, 2019

Recommendations of U K Sinha Committee

The Reserve Bank of India (RBI) had constituted an Expert Committee on Micro, Small and Medium Enterprises under the chairmanship U K Sinha to suggest long-term measures for...

June 20, 2019

RBI Report pushes for Digital Transactions

The Reserve Bank of India (RBI) report Payment and Settlement: The Plumbing in the Architecture of India s Financial System makes the following observations about digital payments: India...

June 18, 2019

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