aillard

Reserve Bank of India, Kolkata Functions and Roles of Reserve Bank of India (RBI)   Reserve Bank of India (RBI) is the Central Bank of India. RBI is the regulator of the entire banking in India. RBI plays an important part in the development strategy of the Government of India.  The Reserve Bank of India was established on 1st April, 1935 and it was nationalized on 1st January, 1949. The Finance Ministry issues Currency Notes and Coins of rupee one, all other Currency Notes are issued by the Reserve Bank of India. Reserve Bank of India (RBI) regulates commercial banks and non-banking finance companies working in India. It serves as the leader of the banking system and the money market. It regulates money supply and credit in the country. The RBI carries out India's monetary policy and exercises supervision and control over banks and non-banking finance companies in India. Monetary Function  :- 1) Issue of bank notes -  Except for the One Rupee coins and no...

The Government gives a nod to the Setup of the National Recruitment Agency (NRA) to conduct the Common Eligibility Test (CET) T wice  for  a year The Union Cabinet chaired by the PM, Shri Narendra Modi has given its approval for creation of National Recruitment Agency (NRA) to  set up in order to recruit eligible candidates for the Government and Public Sector Banks through Common Eligibility Test (CET). Financial Outlay : The govt. has sanctioned a sum of Rs. 1517.57 crore for the National Recruitment Agencies (NRA). The expenditure will be undertaken over a period of three years. Apart from setting up the NRA, costs will be incurred for setting up examination infrastructure in the 117 Aspirational Districts. It will also be proposed to evolve a robust mechanism for appointment including direct recruitment to tribunals and specialized bodies to attract best talents and professional experts.There is also proposal for strengthening the contractual employees. Recruitment Re...

Prime Minister Narendra Modi unfurled the national flag and delivered his seventh consecutive Independence Day speech from the iconic Red Fort on Saturday this morning. As India battles with COVID-19, the independence from the British rule is being celebrated in a subdued manner with strict social distancing and safety measures in place. This marks PM Modi's second Independence Day speech since he won a second term. "I'm missing our children, the future of our nation, who are not in this programme", said the Prime Minister, stating that they'd been "caged" due to COVID-19 pandemic. Here the Highlights of Prime Minister Narendra Modi's address to the nation: 1) Becoming Atmanirbhar Bharat of Utmost Important PM said "History is evidence to the fact that when India is determined to achieve something, it has always done so". He also said that a self-reliant India has now become the mantra for 130 crore Indians. We need to be self-reliant in th...

Finally the sun rose on freedom in 15th Aug, 1947 "At the stroke of the midnight hour when the world sleeps, India will awake to life and freedom.." The traumatic story of partition and the celebratory occasion of Independence come along but the former is usually forgotten. Amidst the elation of Independence day's celebration, the cries of partition are often foreshadowed. Although,partition has favored many like ICC and TRP hungry news channels. Partition wasn't a random decision taken out of haste during the independence movement. It was an outcome of the divide and rule politics of the British. Reminiscing partition is often ignored while commemorating independence. We often forget that the independence we demanded for 100 years came at a cost of an year full of blood-bath and war in the name of religion. And that civil war led to the tense relationship between India and Pakistan that persists even today.  Vultures and corpses in the street of Calcutta, 1946 India ...

An Exercise in Political Absurdity 'India Dismisses Pakistan's New Map Claiming All of J&K, Junagadh Pakistan includes J-K, Junagadh in its New Political Map: shows an expression of "Political Absurdity": On the eve of the first anniversary of the abrogation of Article 370, a move that stripped the special status of the state of Jammu and Kashmir, Pakistan has released a new political map, making sovereign claims on the entire Jammu and Kashmir and the erstwhile princely state of Junagadh in Gujarat.     On 5 August 2019, the Government of India revoked the special status, or limited autonomy,granted under Article 370 of the Indian Constitution to Jammu and Kashmir. Pakistan's Statement: The statement also called for the use of IIOJK and not IOJK or IOK. It said that the term used to represent Jammu and Kashmir henceforth should be "Indian Illegally Occupied Jammu and Kashmir" as opposed to "Indian Occupied Kashmir". It is also added that ...

International Arrivals at Delhi after center's new guidelines Center's New Guidelines for International Arrivals : On Sunday (August 2), the Ministry of Health and Family Welfare issued fresh guidelines for international arrivals. These will be applicable from August 8, and will replace the guidelines issued on May 24. What need to be done before planning travel to India ? All travelers should submit self-declaration form on the online portal  ( www.newdelhiairport.in ) at least 72 hours before the scheduled travel. They should also give an undertaking on the portal that they will undergo mandatory quarantine for 14 days i.e, 7 days paid institutional quarantine at their own cost, followed by 7 days isolation at home with self-monitoring of health. Only for compelling reasons/ cases of human distress such as pregnancy, death in family, Serious illness and parent(s) with children of the age of 10 years or below, home quarantine may be permitted for 14 days. Rules : If they wish ...

CONTENT : Ram Mandir News What is a time capsule  ? What message will the time capsule carry   ? List of time capsules so far in india Conclusion