Banking Term - 12/2/2015

SEBI (Securities and Exchange Board of India)

                  SEBI is the regulator of Capital Market or Securities Market in India. it was established in 1988 and was a advisory body till 12th April 1992. after that It become a Stationary body and SEBI act 1992 passed in Indian Constitution. 

Head Quarters - Bandra Kurla Complex in Mumbai.

Chairmen - Upendra Kumar Sinha

Functions :

• Issue of Securities
• Control Capital Market Operation
• Controls Share Markets in India
• Regulator of Mutual Funds
• Regulates Merchant Banking
• Safeguard Investors and Market Intermediaries

Capital and Currency

AUSTRIA

Capital : Vienna

Currency : Euro

President : Heinz Fischer

Chancellor : Werner Faymann

Language : German

Central Bank : National Bank of Austria

Banking Term - 10/2/2015

Central Bank 
                A bank that manages and regulates the banking system of a country. it provides guidelines to other banks in the country at the time when they face any problem and maintain deposits of other banks.

Central bank of Some countries

India - Reserve Bank of India
USA - Federal Reserve System
Switzerland - Swiss National Bank
Australia - National Bank of Australia
Pakistan - State Bank of Pakistan

Capital and Currency

HUNGARY

Capital : Budapest

Currency : Hungarian Forint

President : Janos Ader

Prime Minister : Viktor Orban

Language : Hungarian

Daily GK - 6/2/15

1) Award to TMB

• TMB MD and CEO Upandra Kamath received FE India's best private sector bank award 2012-2013 for old private sector banks from Mos for Finance Shri. Jayanth Sinha.

2) New Home secretary takes charge

• New Home secretary - L.C.Goyal

3) Sirisena on a visit to India 

• Ministry of External Affairs said Sri Lankan President Maithripa Sirisena will reach India on a 4 day visit starting February 15 expected to boost ties 

4) Srinjoy Quits

• Rajaya Shaba MP of Trinamool Congress Quits.
• He was acquiesced in Multi-Crore Sarada Chit Fund scam.

5) Sustainable Development summit 2015

• Held in New Delhi
• Railway minister Suresh Prabhu, Mos for environment Prakesh Javedekar with R20 region of climate action Arnold Schwarzenegger were important personals of the summit.

6) HAL to make for IAF

• Hindustan Aeronautics Ltd signed Rs 1090 Crore contract.
• it is going to supply 14 Dornier-228 Aircraft to IAF.

7) EY Entrepreneur Award 2014

• Dr.Cyrus S. Poonawalla, CMD of Serum Institute of India named as the EY Entrepreneur Award 2014.   

8) Pragyan Ohja Cleared to bowl in Country cricket.

• Ojha suspected for illegal action has been cleared to bowl in Ranji Trophy.