आजादी के बाद की भारतीय कला यात्रा पर प्रदर्शनी 1 नवंबर से:

➡️आजादी के बाद की देश की कला यात्रा पर केंद्रित एक प्रदर्शनी यहां एक नवंबर से शुरु हो रही है जिसमें एम. एफ. हुसैन, एस. एच. रज़ा, राम कुमार और अन्य कलाकारों की कलाकृतियों प्रदर्शित की जाएंगी।➡️पिछले 75 वर्षों में भारतीय कलाकारों पर आधारित प्रदर्शनी "कलर्स ऑफ फ़्रीडम" यहां इंडिया हैबिटेट सेंटर नई दिल्ली (आईएचसी) में 1 नवंबर से शुरु होगी जिसमें...

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Marginal Standing Facility

📚Definition: Marginal standing facility (MSF) is a window for banks to borrow from the Reserve Bank of India in an emergency situation when inter-bank liquidity dries up completely.Description: Banks borrow from the central bank by pledging government securities at a rate higher than the repo rate under liquidity adjustment facility or LAF in short. The MSF rate is pegged 100 basis points or a percentage point above the repo rate. Under MSF, banks...

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DIFFERENT TYPES OF BOND 🔘

🔸PERPETUAL BONDS:- These types of bonds pay a coupon rate on the face value till the life of the company. Though Perpetuity means forever, bonds with maturity above 100 years are also considered to be perpetual bonds.🔸CONVERTIBLE BONDS:- Convertible bonds are a special variety of bonds which have an inbuilt feature of being converted to equity shares at a specified time at a pre-set conversion price.🔸FOREIGN CURRENCY CONVERTIBLE BONDS:- Foreign...

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The Monetary Policy Process

➖Section 45ZB of the amended RBI Act, 1934 also provides for an empowered six-member monetary policy committee (MPC) to be constituted by the Central Government by notification in the Official Gazette. Accordingly, the Central Government in September 2016 constituted the MPC as under:1. Governor of the Reserve Bank of India – Chairperson, ex officio;2. Deputy Governor of the Reserve Bank of India, in charge of Monetary Policy – Member, ex officio;3....

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Banking Awareness Study Notes 🔰

➡️FCNR (Foreign Currency Non-Resident) AccountAn account that can be opened with an Indian bank by a Non Resident Indian or a Person of Indian Origin in foreign currency is FCNR (B) account. The letter B in FCNR (B) stands for the word ‘Bank’. It is an account that allows the NRI to keep his deposits in foreign currency. Hassles of conversion can be reduced through such types of accounts.💎Salient features of an FCNR account➖FCNR is a foreign currency-denominated...

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Consumer Price Index

A comprehensive measure used for estimation of price changes in a basket of goods and services representative of consumption expenditure in an economy is called consumer price index.The calculation involved in the estimation of CPI is quite rigorous. Various categories and sub-categories have been made for classifying consumption items and on the basis of consumer categories like urban or rural. Based on these indices and sub indices obtained, the...

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SVAMITVA Scheme - An Integrated Property Validation Solution for Rural India

✅ Hon'ble PM  Narendra Modi launched the SVAMITVA Scheme (Survey of Villages Abadi and Mapping with Improvised Technology in Village Areas) on National Panchayat Day 24th April 2020 with the aim of survey of inhabited areas of villages using technology to provide an integrated solution for property validation in rural India.The scheme's intent is to provide the 'record of rights' to village household owners so that they can use their houses...

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Sovereign Gold Bond Scheme 2015

✅ The Government of India introduced the Sovereign Gold Bond (SGB) Scheme in November 2015, to offer investors an alternative to physical gold. Over the years, the market has witnessed a considerable decline in the demand for physical gold. SGBs are government securities and are considered safe.If you are looking to purchase an SGB, all you have to do is approach a SEBI authorized agent or broker. When you redeemed the bond, the corpus (as per the...

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Gilt Accounts

✅ A “Gilt Account” means an account opened and maintained for holding Government securities, by an entity or a person including ‘a person resident outside India’ with a “Custodian” permitted by the Reserve Bank of India to open and maintain Constituent Subsidiary General Ledger Account with the Public Debt Office of the Reserve Bank of India. However, in case of a ‘Person resident outside India, the activities in the operations/maintenance of Gilt...

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Loro Accounts♻️

♻️ When a bank remits its foreign currency fund to a foreign bank for credit to an account of a third bank it is called a Loro account. It means Their money.Loro accounts are generally held by a 3rd party bank, other than the account maintaining bank or with whom account is maintained.For example, BOI wants to transact with HSBC, but doesn’t have any account, while SBI maintains an account with HSBC in U.K. Then BOI could use SBI account. (again...

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Ranakpur Adinatha Jain Temple

Ranakpur Adinatha Jain Temple located in Pali (Rajasthan) 90 KM away from Udaipur. Constructed in 1437-1458.👌Over 1444 marble pillars, carved in exquisite detail, support the temple. The pillars are all differently carved and no two pillars are the same. It is also said that it is impossible to count the pillars. Also all thestatues...

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