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  • Current Affairs Quiz – May 22′ 2015

    Current Affairs Quiz – May 22′ 2015

    • May 22, 2015

    1. The Reserve Bank of India has signed an MoU with Central Bank of which country on Information Exchange? a) Mauritius b) Colombia c) Nigeria d) Seychelles 2. India has partnered with which country to develop advanced Missile System? a) Germany b) Canada c) France d) Israel 3. Militants of ISIS have taken control of

  • G Mohan Kumar appointed as new Defence Secretary

    G Mohan Kumar appointed as new Defence Secretary

    • May 22, 2015

    Senior IAS officer G Mohan Kumar has been appointed as the new Defence Secretary. He will be replace Radha Krishna Mathur, a 1977 batch Manipur-Tripura cadre IAS officer, who is completing his tenure on May 28. Mohan Kumar was a 1979 batch IAS officer of Odisha cadre. He is currently holding the position of Secretary in

  • Current Affairs Quiz – May 21′ 2015

    Current Affairs Quiz – May 21′ 2015

    • May 22, 2015

    1. Which state has recently achieved 100% financial inclusion under Pradhan Mantri Jan Dhan Yojana? a) Manipur b) Meghalaya c) Mizoram d) Arunachal Pradesh 2. __________ has issued a guidance note which will help India in accounting for its corporate social responsibility. a) CAG b) ICAI b) Finance Ministry d) RBI 3. Tathagata Roy has

  • Reserve bank of India : The Latest Updates

    Reserve bank of India : The Latest Updates

    • May 22, 2015

    Reduction of Cash Usage The Reserve Bank of India is in discussions with the central government for the reduction of cash usage. RBI is looking at various ways to incentivise cashless transactions. The government as well as the RBI are doing many things to promote cashless transactions. At present, a commission of up to 2 per cent is charged for

  • Government of India relaxes FDI norms for NRIs, PIOs, and OCIs

    Government of India relaxes FDI norms for NRIs, PIOs, and OCIs

    • May 22, 2015

    The union cabinet chaired by Prime Minister approved that non-repatriable investments by NRIs, OCIs and PIOs will be treated as domestic investments here after. These investments will not be subjected to foreign direct investment caps. Cabinet’s move is aimed at attracting more investments from overseas and also greater inflow of foreign exchange remittance. The cabinet has also approved

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