The rate at which RBI purchases or rediscounts bills of exchange of commercial banks is called?

CURRENT AFFAIRS

Bank Rate refers to the official interest rate at which RBI will provide loans to the banking system which includes commercial / cooperative banks, development banks etc. Such loans are given out either by direct lending or by rediscounting

Recently, the Cabinet has approved the merger of 5 associate banks of SBI with the parent bank SBI. What will be the approximate market share of the banking giant produced via this merger?

CURRENT AFFAIRS

Union Cabinet has approved the proposal for merger of State Bank of Bikaner & Jaipur (SBBJ), State Bank of Patiala (SBP), State Bank of Mysore (SBM), State Bank of Travancore (SBT), and State Bank of Hyderabad (SBH) with the parent, State Bank of India. This merger will create a banking giant……..

In which state of North east India “Dree Festival” which is a crop harvest festival is observed?

Indian Culture

“Dree Festival ” which is a crop harvest festival is observed in Arunachal Pradesh. The Apatanis, who inhabit a tranquil pine clad valley called Zero at the core of Lower Subansiri District of Arunachal Pradesh, are famous for their unique practice of wet rice cultivation…..

Who among the following scholars of Akbar’s Court  translated Atharvaveda into Persian?

Indian Culture

Akbar had a committee of scholars with cross lingual expertise. Some of them were Naqeeb Khan, Mulla Abdul Qadir Badayuni, Mulla Sheri and Sultan Haji Thanesari. In that era Mahabharata was translated into Persian and was renamed as Razm Namah (Saga of the Battlefield). Atharva Veda was translated by Haji Ibrahim Sirhindi.

Vedic mythology refers to an ancient settlement called Pushkalavati after Pushkal, who was the son of King Bharata in the epic Ramayan. What is the modern location of Pushkalavati?

Indian Culture

Pushkalavati was the capital of the ancient Kingdom of Gandhara. Its ruins are currently located in Charsadda, Pakistan, located in Peshawar valley in the Khyber Pakhtunkhwa province (formerly NWFP). Pushkalavati was home of the Sanskrit grammarian Panini……

Singhey Khababs Festival is celebrated in which among the following states of India?

Indian Culture

Singhey Khababs Sindhu festival was started in 2001 by the Union government to promote Lakakh as tourists’ destination in the country. Since then it is organised annually. It is celebrated to endorse the Indus River (Sindhu River) as a symbol of the communal harmony and unity of India.

Ramman is a religious festival and ritual theatre of

Indian Culture

Ramman is a religious festival and ritual theatre of the Garhwal region, Uttarakhand. It is a festival of the Hindu community in the Saloor Dungra village in the Chamoli district of Uttarakhand. The festival and the eponymous art form are conducted as an offering to the village deity, Bhumiyal Devta……

Who among the following authors is known for his satires exposing the evils of contemporary society ?

Indian Culture

Kshemendra was a Kashmirian poet of the 11th century, writing in Sanskrit.In his most of the works like ‘Kalavilas’, ‘Narma Mala’ describes the inner weakness of man and society and the corrupt official machinery of those times.In his one of the work ‘Samaya Matrika’ ,he depicted super seductress ‘Kankali’ character By depicting it ,he wishes to reform the degradation in the society. In short Ksemendra had chosen the vehicle of satire…….