Country & Currency & Capital

United Arab Emirates (UAE)

Capital : Abu Dhabi

Currency : Dirham

King : Sheikh Khalifa

Prime Minister : Mohammad Bin Rashid Al Maktoum

Language : Arabic

National Anthem : Ishy Bilady

Central Bank : Central Bank of United Arab Emirate

Country & Capital & Currency

TAIWAN

Capital : Taipei

Currency : New Taiwan Doller

President : Ma Ying-jeou


Language : Standard Mandarin

Central Bank : Central Bank of republic of China

Stock Exchange & Index : Taiwan Stock exchange & Taiwan Weighted (TAIEX)

Banking Term of the Day

Commercial Banking:
            Commercial banks are profit oriented Banks. Commercial Banking means managing withdrawals and deposits as well as  supplying short term loans to individuals and small business. consumers primarily use these banks for basic checking and saving accounts, Certificate of deposit (COD) and sometimes for home Mortgages.

Types of Commercial Banks

1. Scheduled Commercial banks 
2. Non-Scheduled Commercial banks

Only Scheduled Commercial Banks were in India.

Country & Capital & Currency

SRI LANKA

Capital : Sri Jayawardenepura Kotte, Colombo

Currency : Sri Lankan Rupee

President : Maithripala Sirisena

Prime Minister : Ranil Wickremesinghe

Language : Sinhala, Tamil

Central Bank : Central Bank of Sri Lanka

Head Quarters : Colombo

Stock Market : Colombo Stock exchange

Stock Index : ASPI, S&P SL20

Daily Gk - 3/2/2015

1) PM to Visit Sri Lanka in March

• PM Narandra Modi to visit the island Nation Sri Lanka after 25 Years.
• After Rajiv Gandhi in 1987, He is going to Sri Lanka for a Bi-Lateral Visit

2) Big company's wishes to be a Payment Bank

• Reliance Industries Ltd, Bharathi Airtel, Aditya Brila Nuvo, Future group few names registered for Payment Banks.

3) TCS BPO head quits

• Abid Ali Neemuchwala quits Head of TCS BPO arm of Tata Consiltency Services. 

4) LIC brought major shares 

• Life Insurance Corporation (LIC) brought Rs.28.47 Crore which is 4.51% of proposed 10% Stake in CIL.

5) Kokuyo Camlin unit to be set up near Mumbai

• Kokuyo Camlin would invest Rs 100 Crore to set up manufacturing unit at Patalganaga in Maharastra.

6) Obama proposes $3.99 trillion budget

7) Warning for India's interest in FDI

• RBI Governor Reghuram Rajan warned India for showing more interest in FDI

8) Punjab National Bank receives MSME banking excellence Award 2014

9) State bank of India and European Investment Bank sign Loan Agreement

• A loan Amount of Euro 100 Million from EIB to SBI for on-lending to private business in the country.

10) NMDC receives Golden Peacock Award

11) Govt of India Appointed M.K.Goel as CMD of PFC

• Government of India has Appointed CMD of Power FInance Corporation Ltd for a period of 5 years.