Current Affairs

GK MCQs Section

Page-49 of Topic: RBI

Iran seeks permission to open multiple bank accounts in India

Iran has requested the Ministry of Finance and the Reserve Bank of India (RBI) to allow it to open accounts in multiple banks to facilitate better non-oil trade...

January 18, 2014

RBI inks a pact with Bank of Japan for raising BSA to $ 50 billion

The Reserve Bank of India (RBI) and Bank of Japan (BOJ) signed an agreement to enhance the maximum amount of the Bilateral Swap Arrangement (BSA) between the two...

January 15, 2014

RBI: Gold loan finance companies can now give loans up to 75% of the market value of the gold

The Reserve Bank of India (RBI) has eased the norms for extending loans against gold jewellery as collateral. It has decided to raise the Loan-To-Value (LTV) cap for...

January 11, 2014

RBI chooses CCIL to issue Unique Identity Codes in Financial Transactions

The RBI has chosen the Clearing Corporation of India Ltd. (CCIL) to act as a Local Operating Unit (LOU) for issuing internationally compatible Legal Entity Identifiers (LEIs) in...

January 11, 2014

Get rid of SLR, end loan waivers: RBI committee

A high-level panel of the Reserve Bank of India (RBI) has suggested that the central bank should gradually abolish the Statutory Liquidity Ratio (SLR), the portion of deposits...

January 11, 2014

RBI permits firms to issue debt to non-residents as bonus

The Reserve Bank of India (RBI) has granted permission to Indian companies to issue non-convertible or redeemable preference shares or debentures to non-resident shareholders from their general reserves as...

January 11, 2014

RBI eases gold dore import norms; allows refineries to import 15% of their annual requirements in first two months

In consultation with the Government of India, the Reserve Bank of India (RBI) partially eased restrictions on import of gold dore after taking into account representations from refiners....

January 3, 2014

RBI: Banks to continue accepting scribbled notes

The Reserve Bank of India (RBI) stated that banks will continue to accept currency notes with anything written on them and it has not issued any such instructions...

January 3, 2014

RBI: political instability after LS elections will hit economy

The Reserve Bank of India (RBI) cautioned that any political instability after the Lok Sabha elections in 2014 will drag the besieged economy further down, except there is...

January 1, 2014

SBI to act as lead bank for four newly-formed Meghalaya districts

The Reserve Bank of India (RBI) designated SBI to act as the lead bank in four newly constructed districts in Meghalaya. The central bank also assigned State Bank...

December 29, 2013

Archives

E-Books

States PSC General Studies

Latest in Hindi