Role and Functions of Reserve Bank of India and commercial banks

Role of RBI Pre-reform Post-reform Developmental Role: the developmental role has increased in view of the changing structure of the economy with a focus on SMEs and financial inclusion Priority Sector Lending: Introduced from 1974 with public sector banks. Extended to all commercial banks by 1992 In the revised guidelines for PSL the thrust is … Read more Role and Functions of Reserve Bank of India and commercial banks

06.01.18 (RPSC) Rajasthan Current Affairs

RAJASTHAN Rajasthan reports 70% growth in PhD enrolments   The state has recorded a whopping 70% growth, topping all other states, in enrolling research scholars in the country. The desert state has seen enrolment for PhDs jump from 4,134 to 7,010 between 2015-16 and 2016-17, according to All India Survey On Higher Education 2016-17.   Surprisingly, during … Read more 06.01.18 (RPSC) Rajasthan Current Affairs

30.01.18 Himachal Pradesh (HPPCS) Current Affairs

HIMACHAL PRADESH   Pawan Hans spreads wings, to launch service on 7 routes   Pawan Hans will connect seven new routes in Himachal Pradesh through helicopters under the regional air-connectivity scheme — UDAN-2 (Ude Desh Ka Aam Naagrik).   The move will not only boost tourism in the hinterlands, but also provide business opportunities for … Read more 30.01.18 Himachal Pradesh (HPPCS) Current Affairs

06.01.18 Himachal Pradesh (HPPCS) Current Affairs

HIMACHAL PRADESH   Himachal CM announces 24X7 helpline for women   In a significant decision after taking over as Himachal Pradesh Chief Minister, Jai Ram Thakur has announced setting up of a 24×7  helpline, called Gudiya, for women.   Thakur, who was at Press Club Shimla, said three special crime cells would be set up, one … Read more 06.01.18 Himachal Pradesh (HPPCS) Current Affairs