Welcome, Guest


Bookmark Bookmark

Banking Digest 18 July 2018



-          BBC World Service launches its first Gujarati language television news bulletin with broadcaster’s partner station - GSTV

-          Under life extension program BrahMos is the first Indian missile whose life has been extended from 10 to –  15 Years

-          Regiments of  BrahMos has been inducted in its arsenal by Indian Army – 3

-          The land-attack version of BrahMos has been in operation in the Indian Army since -  2007


-          Number of Low-orbit satellites have been launched by China to  provide worldwide communication services in July 2018 – 300

-          Country has recently  declared a 60-day state of emergency on its border - Colombia

-          8th India-Oman Joint Commission Meeting Begins in July 2018 at – Muscat,Oman


-          Country has won in the inaugural edition of the Athletics World Cup - Unites States of India

-          Named as Indian women's national  cricket team team interim coach - Ramesh Powar

-          Person in news

-          President Ram Nath Kovind has nominated former MP Ram Shakal, RSS ideologue Rakesh Sinha, classical dancer Sonal Mansingh and stone artist Raghunath Mohapatra


-          According to the Bloomberg Billionaire Index, the richest man is - Amazon founder, Jeff Bezos

-          The World Economic Outlook (WEO) is a survey conducted and published by the -  International

-          Company will acquire up to 51% stake in IDBI Bank - Life Insurance Corporation (LIC)

-          The Insurance Regulatory and Development Authority of India (IRDAI)  consists of how many members including the chairman – 10

-          The International Monetary Fund(IMF) predicts India's growth rate in 2018 - 7.3 percent

General Knowledge

-          The rate at which the central bank of a country (Reserve Bank of India in case of India) lends money to commercial banks in the event of any shortfall of funds – Repo Rate

-          The rate at which the central bank of a country (Reserve Bank of India in case of India) borrows money from commercial banks within the country - Reverse repo rate

-          A certain percentage of the total bank deposits has to be kept in the current account with RBI which means banks do not have access to that much amount for any economic activity or commercial activity – Cash Reserve Ratio(CRR)

-          The amount of money that is invested in certain specified securities predominantly central government and state government securities - SLR, statutory liquidity ratio


You might be interested:

Evening News Digest 17 July 2018

PIL in top court for barring candidates from contesting election from more than one constituency   The Centre has opposed in the Supreme Court a PIL for barring candidates from contesting from m ...

12 months ago

Vocab Express- 509

Vocab Express- 509 Dear Aspirants, To enhance your vocabulary here are 5 new words. Use these words to improve Written and Spoken English skills. In case you have missed out on our previous Vocab ...

12 months ago

The Fugitive Economic Offenders Bill 2018

  The Fugitive Economic Offenders Bill 2018 Why a Part of D.N.A ? -       The government is all set to introduce the Fugitive Economic Offenders Bill in the Parliame ...

12 months ago

Banking Digest , 17 July 2018

  National Goa IT Policy 2018 is unveiled by  Union Minister - Ravi Shankar Prasad Largest Indian visa centre in the world is inaugurated by Home minister Rajnath Singh along with his Bangl ...

12 months ago

One Liner 17 July 2018

  National Goa IT Policy 2018 is unveiled by  Union Minister - Ravi Shankar Prasad Largest Indian visa centre in the world is inaugurated by Home minister ...

12 months ago

Evening News Digest 16 July 2018

France wins FIFA World Cup 2018 (Also mention third winner + host of 2022 World Cup + Golden Boot)   France won the World Cup for the second time by ending battling Croatia`s dream of a first ti ...

12 months ago

Provide your feedback on this article: