Banking Term - Appreciation

Appreciation
        It is an increase in the value of an Asset. it occurs through raising prices as a result of Inflation, increased scarcity or increases in earning power.

Eg : Increase in rupee value, increase in price of Stock etc

Insurance Awareness

Insurance
           Insurance refers to Guaranteeing  protection of an object or a person or a guarantee against loss or damage. People getting this insurance or protection by paying premium or installment monthly or yearly to the company which undertake to pay the event of loss or damage or death.

Types of Insurance
          There are various types of insurance in the market such as Life Insurance, Home Insurance, Vehicle Insurance etc.

Capital and Currency - China

CHINA

Capital : Beijing

Currency : Yuan, Renminbi

President : Xi Jimping

Prime Minister : Li Keqiang

Language : Standard Mandarin

Central Bank : People's Bank of China

Daily GK

1) Modi Suit Cost 1.12 crore in bidding and Surat Textile Business Man Rajesh Juneja highest bidder

2) Australia India Institute opens its Delhi Center

• On account of Bi-Lateral Relationship with India and Australia, Victorian Governer Alex Chernov inagurated Delhi Center of Australia India Institute and he presented a Momento to Robert Johnson, Chairman, Australia India Institute.

3) Prime Minister Narandra Modi attended Inaguration of "Aero India 2015 Event" at Yehalanka Air Base in Bengaluru.

 4) Banks are allowed to Import Gold on Consignment Basis 

5) Bihar CM Jithen Ram Manjil Resisned ahead of Trust Vote. Nitish Kumar will be the next CM of Bihar

6) PM Modi to Visit Sri Lanka next Month

7) Congress have to vacate three Bungalows by June 2013. but still they failed and received Evacuation Notice.

• 24, Akbar Road
• 26,Akbar Road 
• C2/109 Chanakya Puri

8)Dadasaheb Phalke Award Winner and Producer Daggubati Ramanaidu Died in Hyderabad at 78.

Capital and Currency - Denmark

DENMARK

Capital : Copenhagen

Currency : Danish Krone

President : Mogens Lykketoft (Incumbent)

Prime Minister : Helle Thoming-Schmidt

Language : Danish

Central Bank : Denmarks National Bank