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Banking Digest, 22 May 2019

Days in Focus

  • Themefor World Metrology Day 2019 (May 20) -The International System of Units - Fundamentally better.

Defence

  • The 26th edition of Singapore India Maritime Bilateral Exercise (SIMBEX 2019) commenced on May 20 in - South China Sea.

Economy

  • Sensex posted their biggest intra-day gain in 10 years on May 20 to - 39,225.64.
  • The RBI has asked the non-banking financial companies (NBFCs) with assets of more than Rs. 5,000 crore to appoint - a chief risk officer (CRO).
  • ArcelorMittal would pay Rs 42,000 crore for acquiring debt-laden - Essar Steel.

Science and Technology

  • In the backdrop of the US-China trade war, Google have suspended business ties with - Huawei.
  • In other galaxy, NASA's mission has found evidence for a unique mixture of methanol, water ice and organic molecules on - Ultima Thule.

General Knowledge

  • Singapore - Capital: Singapore; Currency: Singapore Dollar.
  • Bombay Stock Exchange Index – Sensex.
  • National Stock Exchange Index – Nifty.
  • Reserve Bank of India (RBI) – founded in: 1935; Headquarters: Mumbai (Maharashtra).
  • First Indian governor of the Reserve Bank of India (RBI) - Sir C. D. Deshmukh (1943-1949).

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