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Banking Digest 27 July 2018


  • National
  • ‘Invest India’ is set up as a non profit venture under - Ministry of Commerce and Industries
  • The 2nd Young Superintendent of Police Conference 2018 will be organized by Bureau of Police Research & Development (BPR&D) - New Delhi
  • The author of the book “The Dhoni Touch: Unravelling the Enigma That Is Mahendra Singh Dhoni - Bharat Sundaresan


  • International
  • The theme of 10th BRICS Summit going to be held at Johannesburg, South Africa- 'BRICS in Africa - collaboration for inclusive growth and shared prosperity in the 4th industrial revolution


  • Sports
  • Player recently hits second highest individual score in U-19 internationals- Pawan Shah
  • City to host the 3rd edition of Kabira festival 2018 – Varanasi
  • Won the 2018 Formula 1 German Grand Prix tournament - Lewis Hamilton
  • John Gregory, the Chennaiyin FC head coach, has bagged the ISL Coach of the Year award
  • Benjamin Pavard's strike in France's World Cup victory over Argentina has been voted the best goal of the tournament in Russia.


  • Person in News
  • The current chief of European Commission- Jean-Claude Juncker


  • Economy
  • Four Current deputy governors of R.B.I. - BP Kanungo, N S Vishwanathan ,Viral Acharya, Mahesh Kumar Jain.
  • RBI was established in accordance with - The Reserve Bank of India Act, 1934
  • The general superintendence and direction of the RBI is entrusted with the 21-member central board of directors.
  • 21- Members of Central Board Directors are : The governor; 4 deputy governors; 2 finance ministry representatives ,10 government-nominated directors to represent important elements of India's economy; and 4 directors to represent local boards headquartered at Mumbai, Kolkata, Chennai and New Delhi.
  • Current Governor of R.B.I. is Urjit Patel


  • General Knowledge
  • The five BRICS countries represent over 3.1 billion people, or about 41% of the world population; four out of five members (excluding South Africa at #24) are in the top 10 of the world by population.
  • The 19th anniversary of Kargil Vijay Diwas is being celebrated on every year -26 July
  • Banks are required to maintain liquid assets in the form of gold, cash and approved securities – Statutory Liquidity Ratio
  • RBI was set up based on the recommendations of the 1926 Royal Commission on Indian Currency and Finance, also known as the Hilton–Young Commission.



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