Did you Know ?

India ranks third in billionaire's population with 145 billionaire's. USA tops the lost with 748 Billionaire's and China second with 554 Billionaire's. 

New Appointment

Madhabi Puri Buch is the New Chairperson of SEBI. She is the youngest and first from a  private Sector. 

Banking / Business Abbreviations

1. IRAC - Income Recognition and Asset Classification. 

2. MCX - Multi Commodity Exchange of India. 

3. FTP - File Transfer Protocol. 

4. TReDS - Trade Receivables Discounting System. 

5. MSP - Minimum Support Price. 

6. MOA - Memorandum of Association. 

7. NARCL - National Asset Reconstruction Company Limited. 

8. IDRCL - India Debit Resolution Company Limited. 

9. MTM - Marked to Market. 

10. OFS - Offer for Sale. 

11. DRHP - Draft Red Herring Prospectus. 

12. OCCPR - Organised Crime and Corruption Reporting Project. 

13. MCLR - Marginal Cost of Funds based Lending Rate. 

14. WALR - Weighed Average Lending Rate. 

15.SWIFT - Society for Worldwide Interbank Financial Telecommunications. 

GK Quest 2 - 18/01/2022

The Indira Gandhi Canal moves through the states of Punjab, Haryana and Rajasthan, beginning at the Harike Barrage (Punjab) and ending at the Thar Desert in Rajasthan. 

The 650 km-long canal is the longest canal of India

GK Quest 1 - 18/01/2021

Captain Harpreet Chandi, a British sikh army officer, become first women of indian orgin to trek solo to the South Pole. She completed 700 miles across Antarctica in 40 days, 7 hours and three minute's.