Financial Awareness for RBI Grade B-14 July 2017

Financial Awareness for RBI Grade B-14 July 2017

  1. Order to banks to speed up loan recovery within our powers: RBI (Source: MINT)

  • The Reserve Bank of India (RBI) said its 13 June directive to banks to speed up their bad-loan recovery was well within its powers, and that its classification of sticky assets could not be challenged.
  • RBI directed banks to refer a dozen defaulters including Essar Steel to the National Company Law Tribunal (NCLT) for speedy resolution under the Insolvency and Bankruptcy Code (IBC). The debtors made up a quarter of the Rs 10 trillion of stressed assets clogging up the Indian banking system.

Continue reading “Financial Awareness for RBI Grade B-14 July 2017”

Advertisements

RBI Grade B Phase 2- 2017 Recollected Questions

  1. Gender inequality index India’s rank
  2. FRBM 2016 COMMITTEE
  3. Dairy processing fund in budget
  4. Which country has withdrawn from Paris COP
  5. Corporate governance committee
  6. MGNREGA ministry?? Continue reading “RBI Grade B Phase 2- 2017 Recollected Questions”

GA Questions asked in RBI Grade B Phase-1 2017

1 G-20 Summit 2017 held in which country? Hamburg, Germany
2 The currency of Kenya? Shilling
3 Berlin is the capital of which Country? Germany
4 BSBDA stands for? Basic Savings Bank Deposit Account
5 Irani Cup is related to which sport? Cricket
6 Who won the title of Sudiraman Cup 2017? South Korea
7 What is the amount Limit in BSBDA per month? 10000
Continue reading “GA Questions asked in RBI Grade B Phase-1 2017”

MPC: Speak up, Stand up and Stand out

The Reserve Bank of India’s monetary policy committee will sound less hawkish but needs to improve communication and transparency

Source: MPC: Speak up, Stand up and Stand out

 

Government launches ‘e-Sanad’ for digital attestation of documents

‘Parinaam Manjusha’, the CBSE repository of documents like mark-sheets and migrations certificates, has been integrated with e-Sanad for this purpose.

Source: Government launches ‘e-Sanad’ for digital attestation of documents

Fix corporates first to lift credit flow, says Viral Acharya

RBI deputy governor wants companies to take steps to reduce debt

Source: Fix corporates first to lift credit flow, says Viral Acharya