Banking Term - Depression

Depression
        It is the opposite of Appreciation. It refers to the business cycle in which these is consistent decline of production, national income and employment level.

Insurance Awareness - IRDA

IRDA (Insurance Regularity and Development Authority of India)
                    IRDA is a Autonomous apex stationary body regulates and develop Insurance Industry in India. it was  constituted by Parliament of India act called Insurance Regulatory and Development Authority Act, 1999 and act passed by Government of India.

Head Quarters : Hyderabad

Chairmen : TS Vijayan

Currency and Capital - Uzbekistan

UZBEKISTAN

Capital : Tashkent

Currency : Uzbekitani Som

President : Islam Karimov

Prime Minister : Shavkat Mirziyoyev

Language : Uzbek

Central Bank : The Central Bank of Republic of Uzbekistan

Daily GK

1) Prasad Bharathi got permission from SC to telecast India playing World Cup matches from  Australia and New Zealand and share live telecast with the Private cable operators.

2) Prime Minister's Narandra Modi monogrammed suit fetches Rs 4.31 crore at three day auction . Diamond merchant Lalji Patel and Hitesh Patel were the new owners of the suit.

3) Reliance Industries Limited (RIL) stock down by 3.12% with a loss of Rs.873.25 crore

4) China opposes Modi's Visit to Arunachal Pradesh

5) Massive Cyclone Marcia hits Queensland, Australia

6) Forex Reserve raise to $333.17 said RBI

7) New Zealand Stuns England with 12.2 over Win

• Brendom McCullem hits 50 in Just 18 balls fastest in world cup matches.
• Tim Southee Stroms into top order with 7/33 to get the Man of the Match.

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