1. What is corporate governance : The way in which a company is governed and how it deals with the various interests of its customers, shareholders, employees and society at large. Corporate governance is the set of processes, customs, policies, laws, and institutions affecting the way a corporation (or company) is directed, administered or controlled.2.What are the main functions of RBI :" Banker to the Government: performs merchant banking function for the central and the state governments; also acts as their banker. Banker to banks: maintains banking accounts of all scheduled banks.
3.What is monetary policy :Interest due from issue date or from the last coupon payment date to the settlement date. Accrued interest on bonds must be added to their purchase price.A Monetary policy is the process by which the government, central bank, of a country controls (i) the supply of money, (ii) availability of money, and (iii) cost of money or rate of interest, in order to attain a set of objectives oriented towards the growth and stability of the economy.
4.What is Fiscal Policy :Fiscal policy is the use of government spending and revenue collection to influence the economy. These policies affect tax rates, interest rates and government spending, in an effort to control the economy. Fiscal policy is an additional method to determine public revenue and public expenditure.
5.What is Core Banking Solutions :Core banking is a general term used to describe the services provided by a group of networked bank branches. Bank customers may access their funds and other simple transactions from any of the member branch offices.
6.What is Right to information Act :The Right to Information act is a law enacted by the Parliament of India giving citizens of India access to records of the Central Government and State overnments. The Act applies to all States and Union Territories of India, except the State of Jammu and Kashmir - which is covered under a State-level law. This law was passed by Parliament on 15 June 2005 and came fully into force on 13 October 2005.
7.What is a Cheque :Cheque is a negotiable instrument instructing a Bank to pay a specific amount from a specified account held in the maker/depositor's name with that Bank. A bill of exchange drawn on a specified banker and payable on demand.“Written order directing a bank to pay money”.
1.Which Indian-American personality has been elected as the Vice Chairman of the US-India Strategic and Partnership Forum (USISPF) :Shantanu Nrayen.
Explanation : Shantanu Narayen, the Indian-American CEO of Adobe, has been elected as the Vice Chairman of the US-India Strategic and Partnership Forum (USISPF). The USISPF is a new organisation that has been set up to enhance business relations between India and the US.
2.India has signed how much amount of loan agreement with ADB for construction of over 6,200-kilometre rural roads in five states : 250 Million $.
Explanation : The Government of India (GoI) and the Asian Development Bank (ADB) have signed a $250 million loan agreement for the construction of over 6,200 kilometres all-weather rural roads in Assam, Chhattisgarh, Madhya Pradesh, Odisha and West Bengal under the Pradhan Mantri Gram Sadak Yojana (PMGSY).
3.Kalamandalam Geethanandan, the acclaimed Ottanthullal artist has passed away. He hailed from which state :Kerala.
Explanation : Kalamandalam Geethanandan (58), the acclaimed Ottanthullal artist, has passed away while performing at Avittathur Mahavishnu Temple in Avittathur, Kerala.
4.Dharmasena Pathiraja, the renowned filmmaker has passed away. He hailed from which country :Sri Lanka.
Explanation : Dharmasena Pathiraja (74), the renowned Sri Lankan filmmaker, has passed away in Kandy, Sri Lanka on January 28, 2018. He was fondly referred to as “a rebel with a cause’ and acclaimed for his compelling portrayals of urban under classes.
5.Who has been elected as the new President of Finland :Sauli Niinisto.
Explanation : SauliNiinisto, the current President of Finland, has won the 2018 Finnish presidential election on January 28, 2018. He won his second 6-year term with an overwhelming 62.7% of the vote. His closest rival, Pekka Haavisto of the Greens of Finland, secured just 12.4% votes.
6.What is the India’s rank in the list of wealthiest countries, according to a new report by New World Wealth:6th.
Explanation : According to a report by New World Wealth, India has been ranked 6th in the list of wealthiest countries with total wealth of $8,230 billion US dollars. As per report, India was the best performing wealth market globally in 2017 as its total wealth swelled from 6,584 billion dollars in 2016 to 8,230 billion dollars in 2017.
7.The Anti-Leprosy Day is observed on which date in India: January 30.
Explanation : The Anti-Leprosy Day is observed every year in India on the Martyrdom Day of Mahatma Gandhi on January 30, remembers his selfless efforts and care for the people affected by leprosy. The day aims to make people aware of the real need to fight the infectious disease.