RBI Approves Anup Bagchi as HDFC Bank MD CEO The Reserve Bank of India approved the appointment of Anup Bagchi as the Managing Director and Chief Executive Officer of HDFC Bank, effective October 27, 2026. He will succeed Sashidhar Jagdishan in this significant...
RBI Implements New Transparency Rules for Bulk Fixed Deposits from October 1 The Reserve Bank of India's revised framework for bulk fixed deposits, effective October 1, 2026, mandates daily disclosure of interest rates on bank websites by 10 AM. This measure aims...
Eloquence (noun) /ˈɛləkwəns/ Meaning: powerful and effective language Usage: The candidate's eloquence in the interview impressed the panel, showcasing his strong communication skills crucial for a civil servant. Origin: 'Eloquence' comes from the Latin...
What is the primary objective of the Monetary Policy Committee (MPC) in India? Maintaining price stability while keeping in mind the objective of growth. Managing the government's fiscal deficit. Ensuring financial stability of commercial banks. Promoting exports...
Rhetoric (noun) /ˈrɛtərɪk/ Meaning: using language effectively to please or persuade Usage: A politician's speech often relies on powerful rhetoric to sway voters and gain support for their policies. Origin: Rhetoric comes from the Old French 'rethorique',...
BRICS Summit Commences in New Delhi with Focus on Global Economy and Geopolitics The 18th BRICS Summit officially began in New Delhi today, with leaders from the 11-member bloc discussing global economic challenges and geopolitical conflicts. India, as the chair for...
Which of the following is NOT a primary function of the Reserve Bank of India (RBI)? Issuer of currency notes (except one rupee notes) Banker to the Government (both Central and State) Regulator of the Indian stock market Banker's bank and lender of last resort...
To reduce air pollution in metro cities, the government plans to provide subsidies to individuals who purchase electric vehicles. Which of the following is an underlying assumption? Electric vehicles are an effective means to reduce urban air pollution. Only electric...