Banking and Finance

The World Trade Organization (WTO) is the only international trade body that deals with international trade practices. It ensures that the member countries engage in smooth, free, and fair global trade. WTO was officially founded on 1st January 1995 with its headquarters in Geneva, Switzerland. India is a member of the WTO since 1st January […]

Tamil Nadu has raised $30,500 crore in top market borrowings among states so far in fiscal 2020-21, leading all states in India. According to Reserve Bank of India data, Tamil Nadu accounted for 17% of all borrowings made through the issuance of bonds, also recognised as the state development loans (RBI).  The financing pattern of

What is the Reserve bank of India? The Reserve Bank of India seems to be India’s central bank as well as the regulating organisation which is in charge of the banking system and its administration. This seems to be a part of government-owned departments of the Government of India’s Finance ministry. It is in charge

Check here: UPSC CSE 2023 Final Result Reserve Bank of India The Reserve Bank of India (RBI) is India’s central bank and regulatory organisation in charge of banking regulation. It belongs to the Indian government’s Ministry of Finance. The Indian rupee is issued and distributed by it. It also oversees the country’s major payment networks and

Rock Phosphate Phosphorite, rock phosphate, or phosphate rock, is a non-disposable sedimentary rock containing large amounts of phosphate minerals. The phosphate content of phosphate rock (or phosphate grade) varies widely from 4% to 20% phosphorus pentoxide (P2O5). Commercial phosphate rocks are enriched (“enriched”) with P2O5 of at least 28% and often more than 30%. This

Cryptocurrency is encoded data which is indicated as a currency. It is associated through the network person to person, also known as the blockchain. It is a combination of different steps such as buying, selling and transferring. They are the opposite of money as the government does not legally issue them. In a powerful judgement,

The term Unity defines ‘One’ or single in number. This came as an inspirational thought of one state, one country or a single person. It aspires to be the best in class technology, therefore, building a strong foundation of commitment to the people. It also stands as the modern banking product that serves a wide

Swap Ratio full form The ratio on which the acquiring company offers their shares in exchange for the target company’s shares in the process of acquisition or merger is referred to as the swap ratio. When a company acquires another company or when a company merges, cash does not have to be the transaction to

Independent investment management businesses and advisory boards would be established to speed up the settlement of poor loans in the banking sector, according to Finance Minister Piyush Goyal, who announced the government’s acceptance of the Sunil Mehta committee’s five-point proposal. According to the minister of finance, the group did not advocate creating a ‘bad bank’

The Securities and Exchange Board of India (SEBI) has proposed rules for retail algo trading, which would allow smaller investors to trade through algorithms. The proposed rules would require brokers to set up risk management systems and limit the capital that investors can use for algo trading. Algo trading is a type of trading in