01-01-2018, 04:44 PM
MUDRA BANK
*Micro Units Development and Refinance Agency Bank
New info
* First Banking Robot in India info
Ans : Lakshmi
*It was introduced by Kumbakonam based City Union Bank (CUB, Chennai)
*Lakshmi robot is based on Artificial Intelligence
Finance Commission
*The finance commission of India is a constitutional body set up under Article 280-of Indian Constitution.
*It was formed to define the financial relation between the Centre and the States Headquarters of finance commission is in New Delhi.
*The Finance Commission is appointed by the President of India in every five years, consists of a Chairman and four other members.
*The first Finance Commission was appointed oh 20th November 1951, under the chairmanship of K.C. Neogy.
*The first Malayali to become the member of finance commission was Y.P. Menon (In first finance commission).
*The 13th finance commission chairman is
Ans : Vijay Kelkar (2010-2015).
*14th Finance Commission chairman is Y.V. Reddy (2015-2020)
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Currency System in India
*Paper currency was first introduced in India by the British.
*Rupee was first minted during Shersha’s reign. The word Rupee is derived from the Sanskrit word ‘Raupya’ means ‘Silver’
*The Indian Rupee Symbol is officially adopted on 15th July 2010 is derived from the Devanagari consonant ‘7’ (Ra) with an added horizontal line at the top and the Latin capital letter ‘R'.
* The symbol was designed by
Ans : D.Udayakumar (Tamil Nadu).
