Corporation bank clerk

Friday, October 29, 2010

Current Affairs 2010

•        Head of the Committee instituted by RBI to look into the interest rates and bank fees, charges & services – M Damodaran.
•        Which committee recommended 15-20% variable component in the salary package for PSB employees, instituted by Finance minister – A K Khandelwal.
•        RBI has revised the norms for __________ for giving loans to the housing and real estate segment – Urban Cooperative Banks(UCBs).
•        SEBI has announced that MF distributors and agents will now need a NISM certificate to sell policies. What is the full form of NISM - National Institute of Securities Market.
•        RBI has advised all banks to print IFSC on cheque leaves issued to customers. IFSC stands for- Indian Financial System Code.
•        India has emerged as the ___ most preferred destination for retailers in the world - 39th.
•        India’s first Anti-submarine warfare Corvette – INS Kamorta.
•        _____ banks are recently allowed by the RBI to open ATM’s at places other than their branches without prior approval – Urban Cooperative banks.
•        National Florence Nightingale Award 2010 was given to – A P Subhadra.
•        Government has fixed FRP of Sugarcane for the year 2010-11 at Rs. 139.12 per quintal. FRP stands for - Fair and Remunerative Price.
•        India’s trade deficit during 2009-10 - $102.1 billions.
•        Asian Banker Achievement award given to – SBI.
•        Who is the head of the committee for comprehensive review of National  Small Savings Fund(NSSF) structure , interest rates, tenor and other administrative matters – Shyamala Gopinath.
•        ____ company offered  to provide cloud computing solutions t Rural Banks – Polaris.
•        Chairman of RBI working group on BPLR on the basis of which Base Rate System is slated to switch over by the banks – Deepak Mohanty.

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