Capital and Currency - Mauritius

Mauritius

Capital : Port Louis

Currency : Mauritian Rupee

President : Anerood Jugnauth

Prime Minister : Kailash Purryag

Language : No Official Language

Central Bank : Bank of Mauritius

Banking Awareness - Commercial Paper

Commercial Paper
                Commercial Paper is a unsecured money market instrument issued in the form of Promissory note issued by the Corporate's, Primary Dealer's (PDs) and all Financial Institutes (FIs). it can be issued for a period of minimum 7 days and maximum 1 year. It can be issued in denominations of 5 lakh and its multiples.

Capital and Currency - Seychelles

Seychelles

Capital : Victoria

Currency : Seychellois Rupee

President : James Michel

Language : Seselwa, Creole, French, English

Current Affairs

1) World's Biggest Weapon Importer 2014? Saudi Arabia

2) "Aapki Beti Humari Beti" Scheme launched by State Govt of _____________? Haryana

3) 1st Indo-Nepal Motor rally Friendship organised in ___________? India Gate , New Delhi

4) Golden Gate Award of Silver Prize Won by __________? Kerala

5) Garampani Sanctuary Located at ________? Diphu, Assam

6) The great Victoria Desert Located in ________? Australia

7) Pneumatic rubber tire invented by________? J.B.Dunlop

8) "Nineteen Eighty Four" Written by _____________? George Orwell

9) Length of Sutlej River ? 1450 KM

10) "Tripitakas" is the sacred  Book of __________? Buddhists

Banking Awareness - Certificate of Deposit (CD)

Certificate of Deposit (CD)
                     
               It is a negotiable instrument issued by a bank for a term deposit. CD's are securities purchased for less face value where bank promises to repay the deposit for a yield to maturity(YTM). the secondary market is made up by the discount houses and the banks in Inter-Bank Market.